Chase Manhattan Bank Complaint - No safeguard against unauthorized withdrawals
SAN MARCOS, CALIFORNIA -- Do not trust Chase Bank if you're concerned about safeguarding your money against unauthorized withdrawals by ACH clearing houses for auto-payments. I provided written notice of cancellation to Chase & the vendor, but withdrawals have continued for months & they won't reverse them. I've tried written disputes, Stop orders, zero-ing out my acct. (resulted in a negative balance & $34 overdraft fee). Twice I even called Chase's 800# to dispute charges that were still pending (within 24hrs.) & they still allowed them to go through. Next will be a complaint to the Office of the Comptroller of Currency. Know your rights- read FRB Regulation E! And put your money elsewhere.
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