Wells Fargo Bank / holding check deposit

San Mateo, CA, United States

I opened a new checking and savings account at Wells Fargo in San Mateo California with a 7460.00 check from my 401k plan. I was told they were going to put a hold on my account for 7 days because the amount of the deposit was over 5000.00. I looked online in my account to see if my check had posted to my account, and the check is still being held from my account for the same reason, now my waiting period is 9 days! Hello! I have bills to pay! The check is from my 401k Fidelity account I doubt very seriously its going to bounce!!! This is plain ridicules!! I plan on withdrawing my money and going elsewhere.

Mar 15, 2014

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