- Report: #1230981
Complaint Review: Wells Fargo Bank - Nationwide
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Author Not Confirmed
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Wells Fargo Bank
Nationwide, USA
Phone:
1-800-869-3557
Web:
www.wellsfargo.com
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Wells Fargo Bank Wells Fargo Bank Wells Fargo likes to pay the IRS with funds you dont have in your bank account. Fullerton California Nationwide
Wells Fargo. has become so big that no one that you talk to has the power to do anything helpful.
I dont usually complain about much but since they have no intention of changing their ways and I cant afford an attorney here I am.
I have been fighting with the IRS another good group of people but after not filing a few years of taxes they have levied my account at wells fargo multiple times I earned that understandably.
Everytime they do it there is no phone call/ no notice from the bank and occasionaly I get a notice from the IRS letting me know they are about to use the force of government against me.
My issue with wells Fargo is this. the IRS applied 4 bank levys against my account at Wells Fargo. even if I dont have money in my account they still manage to overdraw my account. Suprisingly the IRS usually does not get the lions share of what is not in my account. Wells Fargo does.
Here is an Example ( This is one of Multiple Examples)
| 05/18/15 | LEGAL ORDER FEE DEBIT CASE# 47692215 Wells Fargo | $125.00 | |
|---|---|---|---|
| 05/18/15 | LEGAL ORDER DEBIT - CONTACT Internal Revenue Service (949) 389-4280 - Case# 476****** | $19.13 |
So as you can see the IRS is getting less than $19.13,
Listen I know I owe the IRS and I am already in a payment plan with them but yet this keeps happening.
Wells Fargo legal Dept: (The IRS placed this levy against your account and we have to enforce it even if you have an existing payment plan in place)
Me: So I tell them let me get this straight. you are paying them and yourselves money that I dont even have in my account.
Wells Fargo legal Dept: (Yes sir they are the IRS so we have to pay them.)
Me: Even though I dont have the money in my account?
Wells Fargo legal Dept: Yes
Me: You realize that you have paid more to yourself meaning Wells Fargo then you paid to the IRS? are able to see what is in my account right now?
Wells Fargo legal Dept: Yes
Me: Click
So here is how this works out
| 05/20/15 | OVERDRAFT FEE FOR A TRANSACTION POSTED ON 05/19 $1.99 PURCHASE AUTHORI ZED ON 05/19 GOOGLE *Google Sto GOOGLE.C | $35.00 | |
|---|---|---|---|
| 05/19/15 | PURCHASE AUTHORIZED ON 05/19 GOOGLE *Google Sto GOOGLE.COM/CH CA S385138711725663 CARD 3783 | $1.99 | |
| 05/19/15 | OVERDRAFT FEE FOR A TRANSACTION POSTED ON 05/18 $68.03 PURCHASE AUTHORI ZED ON 05/15 GEARBOX MODEL INC. FULLERTO | $35.00 | |
| 05/18/15 | OVERDRAFT XFER FROM CREDIT CARD OR LINE | $82.00 |
Not only does Wells Fargo get their $125.00 in addition to that they get all of the overdraft fees on top of it. and they refuse to credit back those funds or the $125 legal fee they charged me.
Keep in mind at the time they did this I had just paid bills so there was not even enough in my account to cover the $125. which since it is their bank they can see.
Wells Fargo Total Abuse = $195.00 (Paid by funds that I did not even have in account)
IRS = $19.13
Me = I get to pay Wells Fargo the $195.00 and be overdrawn and now I am getting emails from them
(Clip from Email)
Unfortunately, on 05/15/2015 your available balance in your Wells Fargo account XXXXXX4869 was insufficient to cover one or more of your checks (if your account allows check writing), Debit/Prepaid Card purchases, or other transactions.
No s**t?
I can only imagine how many people this happens to. between this and overdraft fees. they are making a killing.
And I assure you this is by design.
So that is why I am officially putting Wells Fargo on the Rip Off Report.
5 Updates & Rebuttals
Striderq
Columbia,South Carolina,
USA
Standard fees...
#2General Comment
Mon, May 25, 2015
This is not a ripoff. It's the bank charging their set fees because you allowed the situation of the levy. Every bank as this fee, just the amount may differ. Doesn't matter that you think it's wrong. It'll happen this way each and every time the IRS places a levy, at whatever bank your account is in.
Dear Rebuttaler
#3Author of original report
Sat, May 23, 2015
I apologize for saying you cant comprehend,
Maybe you just missed what I said, I have had a payment plan with the IRS since last Oct. never missed a payment.
they are far from perfect in how they do things, but I am not upset with them.
I am upset that Wells Fargo pays out on things that they have no money from my account that they are doing it from. if I had $30k in my account that would be a different story.
Wells Fargo Made $195.00
IRS made $19.20
That is the issue, and there is little you can say that would change this.
Robert
Irvine,California,
USA
Wells Fargo is not your problem.
#4Consumer Comment
Sat, May 23, 2015
First off before you go off saying that I didn't "comprehend" your original report..WRONG. It is totally clear as to what you THINK the RipOff is. You see while you do(at least you say you do) take responsibility for you failing to file taxes. There is a second part of that...CONSEQUENCES. So if you do truly take full responsiblity you then MUST also accept the cosequences for your action(or lack of).
Wells Fargo is REQUIRED by regulation that if they receive a levy they MUST act upon it. It doesn't matter if you had $0.30 or $30,000 in your account. Wells Fargo can't arbitrarily decide to enforce or not enforce a levy. You had $19.13 so that is what the IRS Got, the fees are charged SEPARATELY and AFTER the levy. By the way when you opened your Wells Fargo account you agreed to these terms. Now, before you go off on the "evil" Wells Fargo, again this is part of regulations and would have happened with any other bank....yes even the fees.
So you can come here and blame the big "evil" bank, but the root cause was not them but you failing to file your taxes..now you must accept ALL of the consequences. I'm not saying you have to like it...but you must accept them.
Now on a side note. The IRS does not go around issuing levies on people that have payment plans. So this means one of a few things. The "payment plan" is all in your mind and they actually haven't agreed to it. You do have a payment plan but broke one(or more) of the terms, such as not making the payment required ON the due date, even a day late could void the payment plan. The fact that you don't seem to have an issue with the IRS doing the levy leads me to believe it is one of those two issues. However, there is a third where you have a totally valid payment plan but you waited too long to do it and so the levy couldn't be stopped.
Your comprehension of what I wrote is amazing
#5Author of original report
Sat, May 23, 2015
You must have missed the part in the letter that I do take responsibility for the my issue with the IRS. and that I do in fact have a payment plan with them. but unfortunatly you missed the point.
The reason for my writings is not becasue Wells Fargo enforced a Levy, it is becasue they paid with money that I did not have in my account, knowing that there was no money in the account.
Thanks for responding.
Stacey
Texas,USA
Wrong
#6Consumer Comment
Sat, May 23, 2015
YOU failed to file taxes therefore the IRS had every right to levy your bank account if you did not live up to your obligation ie" payment plan. This one is on you not the bank. And NO I do not work for them. SO in the future FILE YOUR TAXES!! PAY your TAXES and stop blaming everyone but yourself.
