4 ms·
Dude, all I know is that I was using chase for one of my businesses for 3 years, millions of dollars coming in via Intuit payments -- no problems, then I switch
by jijji 5y ago
Dude, all I know is that I was using chase for one of my businesses for 3 years, millions of dollars coming in via Intuit payments -- no problems, then I switched from Intuit for ACH to using Seamlesschex.com, and then after the first batch, they locked up my business bank account, and then after a few months talking to a call center in india, with the bank manager sitting there (there is nothing they can do when they automatically lock your account), the people in india saying they will "never" return the hundreds of thousands in the account they locked up, I filed a lawsuit against Chase in civil court the same day, and then a month later, the attorney representing the case mails me a check for the full amount they stole from the account. I understand risk, but this was months later, all ACH payments, and everyone knew they owed this money. My only regret was not charging them with theft/fraud and 3x the money back for damages. Bottom line -- don't use Chase for anything. They suck.
- johnebgd 5y agoI had someone working at Chase telling my vendor how much money was in my account. I was a private client at JP Morgan and had a business account with them. The vendor was threatening me and using my bank account level (down to the penny) to make the threats. Chase identified the culprit, told me who it was, then offered me lifelock identity theft protection as a courtesy for my troubles. I haven’t had $1k in my private client account since.
- zone411 5y agoChase closed my 10-year-old+ personal account without a warning or an explanation. I recommend avoiding them.
- GoblinSlayer 5y agoBiggest banks routinely do such things simply because they can.
- encryptluks2 5y agoAnd like most things if you're not wealthy enough to afford a good attorney, and they usually can just draw out a case until you run out of money, the only people capable of protecting you are legislators who have failed time and time again to adequately take on big business abusing their positions.
- viraptor 5y agoThis is what small claims courts are for, if you have an equivalent in your country. No/minimal lawyer involvement, as long as the amount is relatively low. If you have hundreds of thousands or more stuck in an account though, you likely have access to a lawyer. (+ obviously winnable cases will be sometimes taken without cost since the lawyers will negotiate that in the damages)