Bank of America Informative - Deposit Holds - Inconsistent and Unfair
PALO ALTO, CA -- I have had several problems with Bank of America policies since opening accounts here.
Yesterday I deposited two checks within 3 hours of each other,
one at a teller and the other at an ATM. The first cleared immediately, the 2nd is on hold for 5 days. They were both written from a local brokerage account. When I checked with customer service they told me that THIS IS THEIR POLICY.
Be Warned: If you are going to need the money, use a teller!
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