Checking account Deposits and withdrawals
Citizens Financial Group, Inc. Bank account or service department,
Checking account Deposits and withdrawals Pennsylvania
On Monday, - -, 2016, my son deposited $500.00 CASH into a - ATM which was to be deposited into my Citizens bank account. Thinking that because it was cash, it would be available for use the next day or, 2 days at the most. Two days passed and the funds were still not available. I called my bank, Citizens and they told me that these funds were " on hold '' and would not be available until Monday, - -, 2016. Not only that, but Citizens could not give me an explanation as to why they would hold a cash deposit for this long period of time. This money was to be used for a bill that was due, but since I could n't have access to my funds, this bill was paid late. My complaint is, I think that it is very unreasonable for Citizens to place " on hold '' a cash deposit for this length of time and not give me an explanation as to why.
Citizens Financial Group, Inc. customer in Pennsylvania
Jul 30, 2016
* Source: CFPB Complaint Database
Citizens Financial Group, Inc. response to complaint:
Closed with explanation
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