in December. This week I discovered the bank had withdrawn the $8000. stating it put me over my credit limit. Not knowing of this new development I bounced checks. Can the bank withdraw after they have accepted this deposit. Is this legal?
My Bank sent a $8000. check for a business credit card account and I deposited into my business checking acct
YES!!!!!!!!!!
My Bank sent a $8000. check for a business credit card account and I deposited into my business checking acct
Since when is a bank responsible for it%26#039;s errors?
You may want to go in for avisit to find out how they can straighten out this situation.
My Bank sent a $8000. check for a business credit card account and I deposited into my business checking acct
The exact same thing happened to my grandmother at Christmas time. We found out, it is legal. The %26quot;fine print%26quot; states that the check is a way for you to spend your own money. They send it to you, so that you think its an approved loan from the bank. Instead, its a ploy for the bank to get you to spend that much money, just to get the interest rate you would have to pay. Its a scam, but legal. Talk to you bank to see if they will budge at all.
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