10 days ago i deposited a local check drawn in a local bank into my Bank Of America checking account and they have an indefinite hold on the deposit because they say they cannot verify the funds cleared the federal Reserve clearing house. The funds were withdrawn from the makers account more than a week ago and bank of America is now charging me 97 dollars in fees because they say my deposit is lumped in with thousands of others through a federal clearing house and they tell me there isnt anything i can do about it. This is absolutely insane and cant possibly be legal and yet im out 1500.00
Product or Service Mentioned: Bank Of America Checking Account.
Reason of review: Problems with payment.