Checking or savings account -- Managing an account -- Complaint #6407250

Complaint Overview

Complaint ID: 6407250

Company: Bank Of America, National Association

Product: Checking or savings account

Sub-Product: Checking account

Issue: Managing an account

Sub-Issue: Banking errors

State: New Jersey

ZIP Code: 07920

Date Received: 2023-01-06T12:00:00-05:00

Date Sent to Company: 2023-01-06T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Hi I had a checking account with Bank of America ending ( XXXX ). That account was closed by the bank in ( XXXX XXXX ) due to fraudulent activity and we were assigned a new bank account ending XXXX. In XX/XX/XXXX, we discovered an online transaction in bill pay {$1000.00} was sent to a deceased person ( died in XXXX ) used to do handy work. The money was taken from a back up account because the closed account didnt of course had any fund. How a closed account is useable and its backup account still effective. The bank didnt do close the account correctly. The bank didnt protect me. I called the bank the fraud department over 20 times and I also took off from work twice and went in person to Bank of America and no solution. I was told that they are waiting for the ( deceased ) person who cashed the check to get the check back. The check was cashed by another bank. The check was sent to a po box . So they have 2 official places to get their investigation going and closing the gaps. This is very exhausting.

Frequently Asked Questions

What is Complaint #6407250 about?

Complaint #6407250 was filed against Bank Of America, National Association regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2023-01-06T12:00:00-05:00.

How did Bank Of America, 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 (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Bank Of America, National Association?

Yes, visit the Bank Of America, National Association company profile at readthecomplaint.com/company/bank-of-america-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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