Beware Large Deposits into Bank of America
theficus at Fatwallet Finance Forums reported that Bank of America flagged his account after a recent App-O-Rama (AOR). In his AOR, he deposited quite a large sum of money which BOA decided looked fraudulent. The post is very enlightening and should be a warning to balance transfer arbitragers that your bank may not look kindly to your large deposits. Now, theficus, who I think did absolutely nothing wrong, also indicated that racial slurs were used, which simply isn’t cool.
One of the more enlightening things about the post was that this had happened to other people with accounts at BoA (glockophile) and even at Citi (DjPiLL).
Check out the post, it’s very enlightening.