We had commercial accounts at this bank for 7 years. When we opened the account we asked for overdraft protection and they wanted to give us a line of credit which we turned down.
Over the first year we had $1700 in bank fees and overdrafts. they take forever to clear checks, but they are very fast at processing incoming checks and then hitting you with one fee after another.
We canceled our merchant services account last year. we just noticed that we are geetting service charges, this month they made our account over drow by .26 cents. and hit us with a $35 fee. we didn't know we were overdrawn because we didn't know they were taking the mooney out each month, so everything after that was paid, but hit with the $35 service charge.
There is nothing that can be done about this except tell people to try another bank.
And if someone from soveriegn is reading this...I am cancaling 4 commercial accounts, my personal account and merchant services account. I guess a business that only grosses $250,000 a year doesn't really matter, you guys can loose money like this because you rip everyone else off.
Santander Bank Reviews
We had commercial accounts at this bank for 7 years. When we opened the account we asked for overdraft protection and they wanted to give us a line of credit which we turned down.
Over the first year we had $1700 in bank fees and overdrafts. they take forever to clear checks, but they are very fast at processing incoming checks and then hitting you with one fee after another.
We canceled our merchant services account last year. we just noticed that we are geetting service charges, this month they made our account over drow by .26 cents. and hit us with a $35 fee. we didn't know we were overdrawn because we didn't know they were taking the mooney out each month, so everything after that was paid, but hit with the $35 service charge.
There is nothing that can be done about this except tell people to try another bank.
And if someone from soveriegn is reading this...I am cancaling 4 commercial accounts, my personal account and merchant services account. I guess a business that only grosses $250,000 a year doesn't really matter, you guys can loose money like this because you rip everyone else off.