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  • Report:  #1167526

Complaint Review: Transnational Bankcard

Transnational Bankcard Outgoing $250.00 Fraudulently and Illegal Wire Transfer Rosemont Illinois

  • Reported By:
    Wayne — Bolingbrook Illinois
  • Submitted:
    Tue, August 05, 2014
  • Updated:
    Tue, August 05, 2014

My credit card processing contract ended Monday May 5, 2014. I called to cancel the contract on Saturday May 3, 2014. The answering service told me to call back on Monday. When I called on Monday to cancel they said they needed 30 days notification as it stated in the contract. I told them I had a different contract with a different rate and that there was no mention of the 30 day notification in the contract. They said since I did not cancel within 30 days, the contract would roll over and there would be a charge of $250.00 to cancel. I put a stop payment on the wire transfer on June 17, 2014 the first time they tried to get money wired from my account.  Using a different name they charged me by wire transfer the $250.00 on July 27, 2014 to get the money.

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