Citizens Bank Informative - Fraudulent Fees - Checking Accounts
It seems criminal that these banking institutions are rotating our "available" balance and our actual balances around debits that are on "hold" and that are posted on our official statement. I may be paranoid, but when your balance gets low, you will see that things take longer to post. In some cases they are pre-posted. I was recently charged three separate insufficient funds fees for a single purchase. They apparently keep a separate set of books that is different than our official statement.
Why doesn't the government look into these policies? It feels an awful lot like thievery and manipulation.