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Ally bank is closing my accounts and keeping funds!!!!!
 

:help:
They said they can't release the money on the account because its not coming under my name
They said unless I could provide proof that it was allowed to come she said she could release it
I said what, a letter with signature etc, said no, then I said what can I provide, she couldn't respond.
Can they do this??
I'm infuriated

How many accounts did you have?
How long were you with that bank?
Amounts in those account?

I have 2 allys, this week I started sending funds and got my 1st paypal withdrawal no issues but that was only one and for 100.00, I just sent another 200.00 to it so lets see what happens.

Keeping the funds sounds like you might of flagged yourself pretty good, sorry to hear this and I feel your pain. :attention:

donot transfer large amount

It was multiple accounts 5 I think, I really dnt get it, even one of the reps told me that happens alot, BUT nothing happens to them!!!!,

What is considered large?? The most was 195

so 5 accounts, did you use them for a while? or just new and tried to send funds but they got locked

alot of other people have ally's running, lets hope this is not the end of this bank.

Is there anyway possible to get the money back or is it really just gone, this is some bs

to be honest, your most likely not going to see those funds

having multiple accounts receiving funds in different names is a red flag, and they will shut you down. Not recommended.

Did you make them all within a short time?

Its not my first time making deposits on the account that's the thing!
Combined its well over 2k and just gone like that??

I would recommend only having one checking/savings account per bank maybe 2 checking per bank to play it safe. I just started using ally so I might get hit also if this is the new thing, you wont be the only one out of money alot of us use ally. typical ebay/paypal bs

Not ALL but a few days ago combined I transferred 500$
150, 150, 175 etc..

strange, seems like what I would do also. when its your turn to get dicked its your turn. I have been doing stealth accounts since 08' and yesterday one new accounts I had made and started using got suspended. I made no mistakes, sometimes you just cant win but its getting old already, I am tired of this game.

That's some bull man, at least this was all early haven't had them tooooo long, maybe 3 months tops, even then I doubt that long, and its not toooo much amount, cause if it was up in the 5ks I would a just died, this was early, real early

Ya man, tell me about it, I guess I can't have accounts with ally anymore huh lol

exaclty how you should think, use Bank of America they are good with multi accounts just dont close them and open them.

Yea I guess, ima go to credit unions, if something does happen, don't wanna get closed by bigger banks

Good idea. Try getting a merchant account, and use one solid ebay account. Less games or hoops to jump through.

I thought about merchant, but I got so many ebay accounts already enough to handle(28) and some sleeper accounts

I always have issues with running alot. I like to bulk my money in one account through a merchants account because it adds up alot faster then bits here and there.

Do u think it would be possible to have those funds reversed?
I know if I try to transfer from the bank BACK to paypal, my pp would get limited, that's even worst. But what if I ask the bank to reverse those deposits?

I don't have too much experience with merchants, I've used ccnow but thats only in emergencies

The bank is not going to release those funds if you got flagged, I would at least give it a shot whats the worse that could happen at this point. Those paypal you can just add vba's to and then cash out by using the send money links to other paypals you have. Same if you get the funds into them back.

So hold on, if I use another bank to withdraw the funds from paypal, those names on the account would get flagged by other banks, and therefore flag me???

If I were to add another bank, suntrust, credit union, boa etc... to that paypal and then withdraw, the bank would see its coming from "john smith" and flag the account holder??

Btw, I told them I was getting paid this way, freelance worker, website degin and logos etc that's all

Not at all. I was saying you can still use the paypals that those allys were attached to, that is if you had already shipped the items and dont plan to ditch the account. Just add new banks to them.

No, you would just be adding a new bank. so you would have to verify it etc..

some banks dont care about mis matched names

They dont care, just like ebay or paypal. If they can steal and make interest on your funds they will.

That's what I thought, yea let me give them a call and cross my fingersOk

Wait and see what others have to say about this. I'm sure someone had this happen to them before.

I don't see how a bank can just take your money like that. Its DEFINITELY NOT their money, i would definitely put up a fight if i were you. The 5 accounts in different names attached to different checking/savings accounts might raise a red flag. But you can be creative and explain yourself out of that one a little bit to make it sound more legit.

From what i read its only this one account they closed? Are the other accounts fine????

This makes me want to start withdrawing money from my banks.... But then again that can also raise flags.

I hope the funds gets released back. Good luck eventually if this is a issue others will chime in. :ranger:

Yea and no, the "paypal account holders" would have to basically do that though pp,
Meaning, I guess they have to add money and withdraw back to the account
And therefore, would limit my account correct?

Yes, as far as i know if they take the money back from the bank they will see the name on the account... which most likely is not the same one on your stealth... so that would mean your account would be limited.... But then again... if this were to happen im guessing pp would hold the money for 180 days and then release it???? Another option to work with???

They told me it would be only be able to reverse the dollar amount that was made, basically just "refunding"
back the money, meaning, a new transaction CANT be made, just refunding the last transaction.

Seems OK, until the fact that the trick can't tell me the dam dollar amount on my accounts, therefore, if I get overdrawn, I'm stuck

Either way how in the world do u refund a withdrawal?????I don't believe that's even possible


Btw account isn't closed its restricted, I can't even log in, NOTHING

What happend to the other 4 accounts you have with them.... Are they ok?

That's definitely important for us to know. If they are... what have you done differently with this one and the others????? DIGGG DEEEP man... everything plays a role.

I can't access none of my accounts, I can't log in at all

I changed the address on the account cause I moved that was all but either way I've done that with other banks and they are all fine

I wish I could just find out how much are in the accounts that's all

This happens all day on prepaid cards they freeze the account but I had them send it

back to pp a few times and the account didn't get limited and even limited accounts this

happened as well just sent back. Also I used HSBC and they froze the account closed it

and they sent me a cashiers check for the balance one of these scenarios will apply to you

good luck!

She told me the only way was to have pp basically reverse the deposits, but hello that's not possible with pp

Hmmmm.... then im guessing its all of them that they have a problem with... Just to throw another option out there you can always go try the ATM and withdraw as much as you possibly can... Maybe they haven't restricted that. But then again that might even make it worse. I'm running out ideas here. Wait for others to post. I'm sure they will have some good input.

I really do think that you will get your money tho. You asked the rep what you can provide to release the funds and she said she can't tell you????

I would definitely have raised my voice quite a bit and said somethings to her that would question why she works there. Sometimes this is what you need to do to get situations like these solved. Most of the time if you let them push you around and they notice it... especially someone as big as a bank.... they will use that to their advantage and next time you call they will push you around even more. Just like insurance companies.... they are seriously the best at this....Before you called you should have came for advice first.... if they sense you don't know what you are talking about or don't know what you can do in situations like these they will try to make you believe everything they say.