Checking or savings account -- Managing an account -- Complaint #8833868

Complaint Overview

Complaint ID: 8833868

Company: Truist Financial Corporation

Product: Checking or savings account

Sub-Product: Checking account

Issue: Managing an account

Sub-Issue: Deposits and withdrawals

State: South Carolina

ZIP Code: 29108

Date Received: 2024-04-22T12:00:00-05:00

Date Sent to Company: 2024-04-22T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

XX/XX/XXXX I deposited a cashier 's check by mobile deposit that someone sent me through the mail. They placed a hold on the check.Then the account was sent to the fraud department because it was found that the check was not real.I thought the check was real.They placed an exceptions hold on the check.The check was returned which made my account negative. It was posted and cleared.The fraud department blocked the account pending their investigation.I received a letter from the fraud department that my account will be closed.I get that.My complaint is that Truist is holding my money.I can not get my money out because I was told they were still investigating.The check has been returned, it is determined that the account is going to be closed.I get that they want to take precautions and cover every nook and cranny before they release my money.That is my money and I want my money.Truist does not have a right to hold my money.They say quote on quote, until the analyst get done to see what they say.I say they have no right to hold my money.That is my money.

Frequently Asked Questions

What is Complaint #8833868 about?

Complaint #8833868 was filed against Truist Financial Corporation regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2024-04-22T12:00:00-05:00.

How did Truist Financial Corporation 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 Truist Financial Corporation?

Yes, visit the Truist Financial Corporation company profile at readthecomplaint.com/company/truist-financial-corporation 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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