Checking or savings account -- Managing an account -- Complaint #8414457

Complaint Overview

Complaint ID: 8414457

Company: Wells Fargo & Company

Product: Checking or savings account

Sub-Product: Checking account

Issue: Managing an account

Sub-Issue: Deposits and withdrawals

State: Pennsylvania

ZIP Code: 18976

Date Received: 2024-02-24T12:00:00-05:00

Date Sent to Company: 2024-02-24T12:00:00-05:00

Company Response: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

On XX/XX/XXXX, I went to Wells Fargo to deposit a check in my checking account for over {$240000.00}. The manager Had to make a call to verify The funds were there. They told me {$400.00} of the funds are available today and the other {$240.00}, XXXX plus dollars will be available on saturday, XX/XX/XXXX or the next day. My printed receipt from Wells Fargo States the exact same but the funds will be available the next day, XX/XX/XXXX. I noticed online that the funds are still not available and I called the customer service rep and spoke with the supervisor. The supervisor now changes the story and tells me that {$5000.00} will be available and then the remaining balance of {$240000.00} won't be available until XX/XX/XXXX. Meanwhile my printed deposit says the funds will be available saturday, XX/XX/XXXX. We needed to move the funds Else To earn interest And now Wells Fargo Is delaying this for themselves to earn the interest. Meanwhile, we have certain obligations with the funds and now we're held back because they lied to me at the branch and also the printed receipt shows when the funds would be available. I want to pursue and go after Wells Fargo for doing this to us.

Frequently Asked Questions

What is Complaint #8414457 about?

Complaint #8414457 was filed against Wells Fargo & Company regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2024-02-24T12:00:00-05:00.

How did Wells Fargo & Company respond to this complaint?

The company responded with: "Closed with non-monetary relief". 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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