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Tuesday, May 7, 2013

Bank Draft Snafu At Local Utility Company

see original story
  This story shows the exact reason why I do not do bank drafts. A local utility company has added a 0 to everyone's bill that results in 10 times the actual monthly bill amount being drafted from over 2,000 bank accounts in West Texas. Example:a $60 bill was drafted as $600. The utility claims they will reimburse all accounts within 24 to 72 hours. The utility company also claims they will reimburse all customers for bank overdraft charges. It's unclear about "bounced check" charges. Some debit cards and checks may have been refused at cash registers during this "snafu". I do not get involved in bank drafts and I will not name the utility company involved in this snafu(see original story link).

There's been a computer glitch!!

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