Checking or savings account -- Managing an account -- Complaint #12614040

Complaint Overview

Complaint ID: 12614040

Company: BMO Bank National Association

Product: Checking or savings account

Sub-Product: Checking account

Issue: Managing an account

Sub-Issue: Deposits and withdrawals

State: New Jersey

ZIP Code: 076XX

Date Received: 2025-03-22T12:00:00-05:00

Date Sent to Company: 2025-03-22T12:00:00-05:00

Company Response: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

In XX/XX/year> I deposited my elderly mothers endorsed payroll check {$1400.00} and BMO bank is STILL holding the funds, and the fraud department will no longer take my calls. My mother and I have conferenced called the fraud department confirming the transaction was valid and we requested the 3rd party endorsement affidavit be sent by mail and email and we were never provided with the form. This was done 3x. This is disgusting. We need this money!!

Frequently Asked Questions

What is Complaint #12614040 about?

Complaint #12614040 was filed against BMO Bank National Association regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2025-03-22T12:00:00-05:00.

How did BMO Bank National Association respond to this complaint?

The company responded with: "Closed with non-monetary relief". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Checking or savings account) and describe your issue in detail.

Can I see other complaints against BMO Bank National Association?

Yes, visit the BMO Bank National Association company profile at readthecomplaint.com/company/bmo-bank-national-association to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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