Santander Bank US Bank Account Or Service Complaint

Checking account Problems caused by my funds being low

Santander Bank US Bank account or service department,

Checking account Problems caused by my funds being low Massachusetts

On -/-/2017 I transfered $150.00 from a savings account to a checking account. I did this on line, as I had done many times before. I made this transfer to make sure there was sufficient funds in my checking account to cover expenses. In the past the decrease in funds from one account and the corresponding increase in funds in another account would show immediately. Recently this has not been the case. The reciept I printed shows the action I took occured on -/-/2017 but the transfer date was to be -/-/2017. When I went to the bank to voice my concern they said it was a business day sort of thing. To me this was a LAME excuse as the bank has no problem reducing a balance for a transaction on a friday and showing that decrease on saturday. As I said this is a new situation, It did not used to be this way. I believe Santander has changed it logrhythms to generate more overdraft fees. -.

Santander Bank US customer in Massachusetts
Jan 24, 2017

* Source: CFPB Complaint Database

Santander Bank US response to complaint:
Closed with explanation

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