Money transfer, virtual currency, or money service -- Fraud or scam -- Complaint #5720230
Complaint Overview
Complaint ID: 5720230
Company: BMO Bank National Association
Product: Money transfer, virtual currency, or money service
Sub-Product: Domestic (US) money transfer
Issue: Fraud or scam
State: Florida
ZIP Code: 34135
Date Received: 2022-06-28T12:00:00-05:00
Date Sent to Company: 2022-06-28T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Tags: Older American
Consumer Narrative
On XX/XX/XXXX, I received two cashier 's checks totalling {$75000.00} for the sale of my boat. I deposited those checks into BMO Harris bank XXXX XXXX, Florida office. On XX/XX/XXXX, BMO Harris credited my account for the check deposit. On XX/XX/XXXX, I wire transferred {$10000.00} from BMO Harris bank XXXX XXXX Wisconsin office to XXXX bank. On XX/XX/XXXX, BMO Harris returned the origial {$75000.00} cashiers checks as not valid. My account at BMO Harris is now {$11000.00} overdrawn. They also took my social security deposits to offset the overdraft.
Frequently Asked Questions
What is Complaint #5720230 about?
Complaint #5720230 was filed against BMO Bank National Association regarding Money transfer, virtual currency, or money service specifically about Fraud or scam. It was received by the CFPB on 2022-06-28T12:00:00-05:00.
How did BMO Bank National Association respond to this complaint?
The company responded with: "Closed with explanation". 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 (Money transfer, virtual currency, or money service) 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.