Sovereign Bank Complaint - Unfair Practices / Fees through the roof !!
This month I found myself overdrawn and carrying 7 fees for $ 35.00 a piece....($245.00) In looking at my statement I see that they cashed the largest check first causing the other smaller checks to bounce. I am furious because I had a positive balance for some checks if they took all of the transactions and counted them as a complete business day. I am paying $35.00 fee for a $20 dollar check, $ 35.00 for a $30.00 check and $35.00 for a $40.00 check....these fees are uncalled for. The items should be handled accordingly if there is a positive balance on the account. This is nothing short of stealing. If we are going to get this economy back on track....it won't be with dealing with SOVEREIGN BANK...I can't spend money...if they keep taking money.....I am hoping that that will be the next bank to fall by the wayside....I will be closing this account along with the rest of my family....now....you tell me was that worth losing all of those clients?