Checking or savings account -- Closing an account -- Complaint #7581866

Complaint Overview

Complaint ID: 7581866

Company: Morgan Stanley & Co. LLC

Product: Checking or savings account

Sub-Product: CD (Certificate of Deposit)

Issue: Closing an account

Sub-Issue: Funds not received from closed account

State: Illinois

ZIP Code: 60446

Date Received: 2023-09-20T12:00:00-05:00

Date Sent to Company: 2023-09-20T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

In XXXX I deposited {$38000.00} XXXX year XXXX with Etrade / Morgan Stanley. In XXXX XXXX XXXX, I requested the XXXX be closed and funds transferred to me. After numerous delays, further documentation was mailed on XX/XX/XXXX which included the distribution form and state XXXX requested. I also want to add, in XXXX XXXX XXXX I received a 1099-R for {$1800.00}. I never received a check for that amount or was given a copy of the cancelled check. Im still waiting for the balance of my account to be paid to me.

Frequently Asked Questions

What is Complaint #7581866 about?

Complaint #7581866 was filed against Morgan Stanley & Co. LLC regarding Checking or savings account specifically about Closing an account. It was received by the CFPB on 2023-09-20T12:00:00-05:00.

How did Morgan Stanley & Co. LLC 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 Morgan Stanley & Co. LLC?

Yes, visit the Morgan Stanley & Co. LLC company profile at readthecomplaint.com/company/morgan-stanley-co-llc 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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