Scottrade Bank Bank Account Or Service Complaint

Checking account Deposits and withdrawals

Scottrade Bank Bank account or service department,

Checking account Deposits and withdrawals South Carolina

On - - made ach tranfer of $10000.00 +from a - - savings account to Scottrade bank account. Transfer was done immediately but Scottrade put a 4 business day hold on the funds. Most banks only have a hold for - 2 days. A 4 day hold on funds is allowed by the Fed Reserve but is very unfair to customers who have been with a bank for several years. They get to use that money but customer does not have any access during that time. No one at the bank would even consider reducing the hold time so that I could have access sooner. That to me is not a very good business practice for any one.

Scottrade Bank customer in South Carolina
May 31, 2016

* Source: CFPB Complaint Database

Scottrade Bank response to complaint:
Closed

Get Help

Get personal financial help today. Free tools, resources, and support you need.

Help Me

File a complaint

Submit a complaint with the Consumer Financial Protection Bureau today

File Complaint

Stop Phone Calls

Stop the phone calls, learn how to stop harassing phone calls

Stop Calls

Loading similar complaints

{{x.COMPANY}} {{x.ISSUE}} {{X.SUB_ISSUE}}

{{x.COMPLAINT_WHAT_HAPPENED | preview}}...

Read more