PNC Bank Informative - PNC Bank - Legalized Theft
Trying to deposit $ into partners acct. Should be a simple transaction. But PNC is a scam.
Made deposit to my account on May 3rd after 6PM. Went to transfer the funds yesterday (4th). Was told that funds not available until "officially" deposited by back that night i.e. after midnight on the 4th. Today is the 5th. I went online to transfer the funds (PNC to PNC) and set it up (stated funds would be directly deposited). When completed, statement says funds will be transferred tomorrow, the 6th, and that funds will be available to recipient after 3 days.
What is PNC doing with my money for 7 days??????????? Will you be paying me interest for using my funds???
Because of PNC's underhanded way of using other peoples money, I will be transferring my account to another Bank. I have wasted my time on-line, caused my partner distress at not being able to access funds, and gotten myself irritated. Now I will have to cancel the transfer, leave work, go to the bank in the middle of the day (because you don't keep the drive thru open past 6PM), take cash out of my account and deposit cash into my partners account so that the funds are immediately available.
Ever since PNC took over my nice local Citizens National Bank, I have had more and more frustration, holding of funds, and rip-off OD fees (because you hold funds). PNC is pushing customers away. And, you are destroying any faith we ever had in the banking industry.