I have been banking with jp Morgan Chase since the startup
of my Restaurant.
There were a few incidences that we were able to prevent of unrelated fraud attempts via our Debit cards for our Establishment.
I did due diligence and avoided the loss for the bank as well as for me.(btw) small charges for pizza, grocery, nothing alarming.
We did have one charge at a Best Buy for 600 dollars that we called the bank to let them know that its fraud.We run a business
checking for over 1.5M and the attempted charges were in the single digit dollar amount.I do due diligence monitoring my bank constantly.I was told Saturday that the bank is closing my account.I tried speaking to the branch and the Executive office and they were ignoring my pleas to reconsider.
I spoke to a Mr. Ira Hanson who was being really arrogant and decisive putting me on a defense when I asked him why I should suffer the consequence of a attempted fraud which occurred out of our city limits.We have a problem since our Banking allows Insurance Companies, Payroll, Sales tax and merchants to ACH directly from my account.
My pleas were futile.I think this man yields his power over hard working individuals by simply sitting at his desk and just denying my request for a reversal on the decision.I want to sue the bank for all the changes and the hardships we are going through because of their actions.I feel it was prejudiced and had no reason for their actions.