Checking or savings account -- Managing an account -- Complaint #7893614
Complaint Overview
Complaint ID: 7893614
Company: Bank Of America, National Association
Product: Checking or savings account
Sub-Product: Checking account
Issue: Managing an account
Sub-Issue: Deposits and withdrawals
State: Utah
ZIP Code: 84094
Date Received: 2023-11-22T12:00:00-05:00
Date Sent to Company: 2023-11-22T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
{$15000.00} was deposited to Bank of America on XX/XX/XXXX and they ( understandably ) placed a hold on the amount. However, the funds cleared the originating bank on XX/XX/XXXX, and they refuse to release my deposit until XX/XX/XXXX, costing me interest in paying off my credit card bill while scamming interest from the money I deposited. Had I known, I could have XXXX the amount which would have been immediately available.
Frequently Asked Questions
What is Complaint #7893614 about?
Complaint #7893614 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 2023-11-22T12:00:00-05:00.
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.