The bank that I currently used seem to have manipulation of account. They have yet to provide me the traction time to prove otherwise.
Question Details: I have the receipts to show that the first debit and credit occurred about an hour from each other on 10/05/2009 the second then happen on 11/06/09 over 24 hours after. Yet the second debit was process before the credit which result a debit to my account the cause the subsequent overdraft fees. I then request the time stamp for the transaction for the bank to match with the time stamp from the 2 vendors, but the bank have yet to provide me that info. I will like to file suite alleging the bank manipulate my account to profit by charging overdraft.
Business Law Answers
I'm not sure whether you could win that lawsuit, since you'd end up getting into some fairly arcane aspects of banking law. You'd need to go into the relevant parts of the Uniform Commercial Code, which one of my law school professors used to joke about, saying he had a project going to make the UCC more understandable -- by translating it into Latin.
I think you're better off filing a complaint with your state's banking commissioner (by whatever name). Unlike a lawsuit, this will cost you nothing, and sometimes the bank will credit back the overdraft charge in response simply because it's cheaper for them than dealing with the government.
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