Complaint #1804437 submitted on 02/25/2016 relating to Wells Fargo & Company. Complaint relates to Bank account or service Checking account - Problems caused by my funds being low .
Complaint was submitted via Web and sent to the company on Thursday 25th February 2016.
Wells Fargo re-ordered my transactions to post the newest, largest debit first and the oldest, smallest debit last so that the first would put my account into the negative and then charge XXXX {$35.00} overdraft fees. There were only XXXX debits. XXXX for {$4.00} and XXXX for {$20.00}. Wells Fargo purposely re-ordered the transactions to result in XXXX fees instead of just XXXX as the first was covered by my balance in the account. The second was a bill payment that they rushed through on the same day when it normally takes that payment XXXX3 days to post. So they rushed the {$20.00} bill payment through in order to incur {$70.00} in overdraft fees. I made a deposit of {$40.00} cash the next day and then discovered that the bill payment had already posted and incurred the fees. The previous month, it took 3 days for that payment to post to my account which is normal as I have been making that monthly credit card payment for years and it always takes several days to post.
Company | Wells Fargo & Company |
Complaint ID | 1804437 |
Date Received | 02/25/2016 |
Product | Bank account or service Checking account |
Issue | Problems caused by my funds being low |
State/ZIP Code | SC 296XX |
Consumer Consent | Consent provided |
Company Public Response | Company chooses not to provide a public response |
Company Response To Customer | Closed with monetary relief |
Submitted | Web 02/25/2016 |
Result | Timely Response: Yes, Consumer Disputed: Yes |
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