QUESTION
Can I sue chase bank to removed the hold from my money?
Asked on Apr 27th, 2017 on Business Law - New York
More details to this question:
I deposite $49500 into a new chase bank account on 4/17/17 from my Fanduel winnings. Chase bank retrieve the funds from Fanduel bank Square 1 bank and are currently holding my funds. Chase claims that the only way for them to verify the funds is to call fanduel direct but that's not possible because Fanduel is completely web base with a voicemail phone line. Now chase banks close my savings account and are currently refusing fanduel to verify the money at all. Help what can I do?
1 ANSWER
1 Award
The hold should now be released and either the funds are good or the funds are not good. There is always a hold on new account deposits. You can sue if there is still a hold.
Answered on Apr 28th, 2017 at 5:11 AM