In Nov.2006 I opened a free checking/savings account with WACHOVIA BANK with the intention of transferring funds and converting from Banks. I decided later not to change Banks and to maintain my funds with my current checking and savings Bank account. Normally a Bank account is automatically considered closed if their is no activity by the account holder in 6 month's. Although, WACHOVIA all of a sudden started sending me bill notice's in Aug.2007 for the amount of $1,251.08 with no explanation for the charge's. This left me with no idea for the bill notice's, especially since I had never utilized the checking or saving's service's nor had I made any deposit amount's.
I had not stepped back into the WACHOVIA BANK since the opening of my free checking/savings accounts, nor did I ever make any type of deposit to the account.
This gave me incentive to investigate the whole situation which after going through the red tape with WACHOVIA BANK I came to find out that anyone who has your account number can attempt to withdrawal from your account and if the funds are not available then your automatically charged a fee. This is by far the most non-customer oriented way for the Bank to easily collect funds from there customers of course if it's legal. Of course if by any chance WACHOVIA BANK can legal take customer's hard earned money by charging for inefficient funds then if you read between the lines it says their 1st priority is not there customer's.
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