I hate banks.Went today to have my name removed from difficult child's accounts. She has already racked up $35 in fees in two weeks for overdrawing her checking and for them to transfer money from her savings to checking and also for exceeding the number of electronic transactions allowed in a month. There are at least $25 more in fees coming through since she has electronically transferred funds several times a day in the past few days. She should not have a savings account because she is treating it as a checking account.
The bank would not remove my name since she was not there to sign off. So I closed the savings account and transferred the money into her checking account to stop the fees from adding up and then filled out the paperwork to remove me and I will mail them to her to take to her bank and finish the deal. Interesting that I could not remove my name but I could close the account and take all the money if I wanted.
I sent her a text and told her that perhaps she should read and understand the banking rules and that if she overdraws her checking account they will close the account and report her and she will not be allowed to open up a bank account anywhere and she will be prosecuted. If she doesn't have my name taken off within a few days I will close the account and send her the money. I want nothing to do with her mismanaged financial life.
One more door closed.
Nancy
The bank would not remove my name since she was not there to sign off. So I closed the savings account and transferred the money into her checking account to stop the fees from adding up and then filled out the paperwork to remove me and I will mail them to her to take to her bank and finish the deal. Interesting that I could not remove my name but I could close the account and take all the money if I wanted.
I sent her a text and told her that perhaps she should read and understand the banking rules and that if she overdraws her checking account they will close the account and report her and she will not be allowed to open up a bank account anywhere and she will be prosecuted. If she doesn't have my name taken off within a few days I will close the account and send her the money. I want nothing to do with her mismanaged financial life.
One more door closed.
Nancy