PNC Bank — overdraft charges
PNC charges incorrect overdraft charges by putting through the largest amount first which is the exact same reason Bank of America had a lawsuit which forced them to refund money to millions of their customers. Not only that. They charged these fees on a Saturday when there system does not process deposits. There was about $700 in ACH deposits that are coming in over the weekend, which if this was a weekday, would have offset the small amount. The account went over by one small amount less than $50 from one transaction, which resulted in 4 overdraft charges.
The cost to them will be I am removing my account with $10, 000 a month in transactions over this $144 fee. The fees and abuse needs to stop.