Bank Blog

I have had some ACH debits from my bank account from a company name I don’t recognize. My bank tells me that they have no further information(like a PHONE NUMBER!) they can provide to me - that my only option is to file a fraud report-which will start an investigation. Meanwhile my account is overdrawn and my real bills are getting returned–while my bank is raking in 34.00 bucks a pop on my overdrafts. I’m in Illinois if that makes a difference–I plan on leaving this bank - I feel they withhold info from me that is needed to manage my account–and between the teller, the branch manager, and the corporate location they all provide me with different answers. I had always heard that ACH charges need to be accompanied by a phone number of the party debiting the account.

By: telecaster80