Checking account Account opening, closing, or management
Bank of America Bank account or service department,
Checking account Account opening, closing, or management District of Columbia
Yield to High Deposits, Rewards, Missed Deposit and Reserves Prompted Balance Precision Balance Amounts - -, - to - -, - Balance $75000.00 Receipt deposits $12000.00 to - Balance >= $1,000,000 Deposits Credit though not in receipted >= $1,000,000 to >= $1,000,000, >= $1,000,000 BOA Revenue and Reserves Balance >= $1,000,000 - to - - - and Reserves Balance >= $1,000,000 At account opening interes computation on interes is calculated on combined account from checking and saving Bank errors are found on interes computation yielding is daily can not presumably tune to - - 366 days and is contradiction to 12 months APY computation notion Actual Rate interes on receipted deposits base on relationship from - to Present, - $12000.00 to $40000.00, should come out to not below 20 % daily Beside prompted and position Bank of America to become number - twice in prior 10 year with net reserve BOA >= $1,000,000 aggregate balance $ - $700.00, >= $1,000,000 Daily Interes sum on combine account deposit is $ - and even applying your so call - formula yield $ -/daily multiply to 130 days yields $ - yield come to $ - multiply to - cycle is $25000.00 month,
interes on combine accounts is $1600.00, from initial date - -, -, .04 % ( - ) $1400.00 and - -, -, .04 % ( - - $200.00, Second Cycle sum is $46000.00, - -, -, .04 % ( - ) $700.00 and - -, .04 % ( $38000.00 ) $45000.00 Third Cycle total is $42000.00, - -, -, .04 % ( - ) $36.00 and - -, -, .04 % ( $34000.00 ) $41000.00 Fourth Cycle sum is $39000.00, - -, -, .04 % ( $30.00 ) $36.00 and - -, -, .04 % ( $33000.00 ) $39000.00 Fifth Cycle Sum is $39000.00, - -, -, - ( - ) $38000.00 - -, -, .045 % ( - ) $470.00
Bank of America customer in District of Columbia
Feb 09, 2017
* Source: CFPB Complaint Database
Bank of America response to complaint:
Closed with explanation
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintWebsite | https://www.bankofamerica.com/ |
Phone | (704) 386-5681 |
Address | 100 N Tryon St Ste 220 Charlotte NC 28202 |
Bank of America | |
Bank of America |
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