Checking or savings account -- Managing an account -- Complaint #8289860

Complaint Overview

Complaint ID: 8289860

Company: Wells Fargo & Company

Product: Checking or savings account

Sub-Product: Checking account

Issue: Managing an account

Sub-Issue: Deposits and withdrawals

State: Minnesota

ZIP Code: 553XX

Date Received: 2024-02-05T12:00:00-05:00

Date Sent to Company: 2024-02-05T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I have been a victim of fraudulent transactions through my Wells Fargo online accounts and their " XXXX '' feature. Wells Fargo automatically assigns the " XXXX '' fund transfer feature to all of their customer 's online banking accounts. Because of this feature, someone hacked into my online account and was able to send themselves money, out of my account, by just using their phone number and email address. I DO NOT WANT the XXXX feature assigned to my online accounts. I have asked them to remove it, and they can't because they say it is an " automatic '' feature for the customer. Wells Fargo is putting their customers at risk by automatically assigning this XXXX feature to all customers.

Frequently Asked Questions

What is Complaint #8289860 about?

Complaint #8289860 was filed against Wells Fargo & Company regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2024-02-05T12:00:00-05:00.

How did Wells Fargo & Company 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 Wells Fargo & Company?

Yes, visit the Wells Fargo & Company company profile at readthecomplaint.com/company/wells-fargo-company 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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