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Bank Of America

Rating:
177 complaints

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Bank of America is one of the major financial bank-holding companies in the United States. It was founded in 1911. Bank of America has more than 1,000 branch offices abroad. It is headquartered in San-Francisco, California. Bank of America has developed some habitual wisdoms within the industry it works in, among them avoiding the mistakes of those companies that perform only consumer lending, so called consumer lending monolines.

Bank of America provides numerous banking packages and a number of fresh trustworthy business solutions. It would meet all your financial needs supplying you with different loans: auto, student, home loans.

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Bank Of America Complaints & Reviews

DateBank Of America ReviewsHits
11/03 ▪ Bank of America doesn't *** care. 50
11/01 ▪ Lost in the Shuffle 31
10/30 ▪ Bank Levy 26
10/28 ▪ BANK OF AMERICA CHARGED ME $680 IN ONE MONTH 55
10/24 ▪ Cash Advance Sneaky charge 52
10/17 ▪ Bank of America withdrew $ for a paid off loan 118
10/16 ▪ BofA won't return funds 95
10/10 ▪ Bank made fraudulent check available 104
10/05 ▪ unhappy customer! 167
10/05 ▪ Bank of America Home Loans 185
10/02 ▪ Bank of America - Offended by American Flag, (notice the flag in their own logo) 162
10/02 ▪ This bank is absolutley ridiculous 157
09/28 ▪ continue to call after they were asked to stop 65
09/25 ▪ I do not want offers These cards have been destroyedBank of America card549099434200910 66
09/24 ▪ Bank of America charged overdraft fees while I still had a pos. balance 228
09/23 ▪ Bank of America is horrible. The government needs to look into their lender practices immediately! 93
09/22 ▪ mortgage BofA-Wells purchase of foreclosure 140
09/22 ▪ American Economic Solutions or Bank of America? 111
09/20 ▪ closed account when maximum was owed 139
09/15 ▪ Closed card accounts (no warning)will not redeem reward points. 173
09/14 ▪ Bank of America 100
09/14 ▪ Bank of America ripped me off, and furthermore 159
09/13 ▪ Bank of America Fees 162
09/12 ▪ All BOA/Countrywide customers should stop paying these crooks 184
09/07 ▪ Bank Of America branch refuses to cash their own check 139
09/05 ▪ How BofA lies to you and gets away with it with your Money 106
09/03 ▪ WOULD LIKE TO JOIN LWASUIT FOR STACKING 187
08/25 ▪ Bank of America fees galore 193
08/25 ▪ Bank of America Fraudulent Loan Modification Practices 922
08/19 ▪ Stuck With Bank of America 252
08/12 ▪ Cashing Checks 270
08/12 ▪ Cashing Checks 83
07/31 ▪ over draft fees 640
07/29 ▪ Using BOA mortgage? 190
07/22 ▪ Bank Of America Scam Artists 274
07/17 ▪ Bank of America 179
07/12 ▪ Bank of America is un-american: teen suffers 306
07/11 ▪ BankofAmeerica did not do their job and it cost me. 284
07/10 ▪ mis-led 183
07/09 ▪ Uneducated or not trained mortgage counsellors 154
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Related Information

Banks
A bank is a type of financial institution that acts as a payment agent for customers, and borrows and lends money. In the United States banks are not allowed to own non-financial companies. Banks operate as payment agents since they conduct checking or current accounts for customers, paying cheques, and collecting cheques deposited the current accounts. Bank also enables customers to pay via other payment methods which include telegraphic transfer, EFTPOS, and ATM. Banks borrow money since they accept funds placed on current accounts, accept term deposits and issue debt securities.

Banks offer almost all types of payment services. The activities of a bank can be subdivided into retail banking, private banking, business banking, and investment banking. Banks offer more commercial services which include: issue of banknotes (promissory notes issued by a banker and payable to bearer on demand); issuing bank drafts and bank cheques; providing documentary and standby letters of credit, guarantees, performance bonds, securities underwriting commitments and other forms of off balance sheet exposures; safekeeping of documents and other items in safe deposit boxes; currency exchange; sale, distribution or brokerage, with or without advice, of insurance, unit trusts and similar financial products as a 'financial supermarket'.
Most banks are profit-making and private enterprises. However, some banks are government-run, or non-profits. Central banks, as a rule, are government owned.

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