Bank of America just stole $750 from me. I am buying Calls. - Sold my house yesterday. Attorney deposited the Certified Checks on escrow account. This morning, when he tried to wire the money to me, BOFA said the funds had been put on hold for 10 days to verify funds from buyer. Isn't this what Certified Checks are for??? We called BOFA together and were informed this is a new safety procedure. Bullshit! They just want to make some free money on me. Crooks. The wire is for $500k. At 5.50% p.y., they are making $750 for these 10 days. Now if they do that to 1,000,000 customers, which I am sure they will, that will add $750m to their bottom line. Wallstreetbets
Bank of America just stole $750 from me. I am buying Calls. - Sold my house yesterday. Attorney deposited the Certified Checks on escrow account. This morning, when he tried to wire the money to me, BOFA said the funds had been put on hold for 10 days to verify funds from buyer. Isn't this what Certified Checks are for??? We called BOFA together and were informed this is a new safety procedure. Bullshit! They just want to make some free money on me. Crooks. The wire is for $500k. At 5.50% p.y., they are making $750 for these 10 days. Now if they do that to 1,000,000 customers, which I am sure they will, that will add $750m to their bottom line.
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