June 28th, 2024

Woman Tries to Deposit $3K at Bank of America ATM. It Backfires

A woman's $3,000 deposit at a Bank of America ATM vanished, sparking frustration on TikTok. After contacting the bank, the funds were promised to be returned. The incident underscores risks with ATM deposits.

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Woman Tries to Deposit $3K at Bank of America ATM. It Backfires

A woman's attempt to deposit $3,000 at a Bank of America ATM went awry when the money disappeared. The incident was shared on TikTok, where the user expressed frustration over the lost funds. After spending time on the phone with the bank, the issue was eventually resolved, and the money was promised to be deposited back into her account. The woman explained that she works as a sports gambler, which is why she was depositing such a large sum. Commenters on the video shared similar experiences and offered advice on how to handle such situations, including keeping the receipt for proof. While the exact cause of the issue remains unclear, incidents like these highlight the potential risks associated with ATM deposits and the importance of monitoring transactions closely.

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By @ChrisMarshallNY - 5 months
I've never had an ATM deposit clear in full, right away. It usually takes 1-2 business days.

It does tend to give me a portion of the deposit, but never the full amount; even with cash.

If I want immediate credit, I see a teller.

Source: BoA member since it was Fleet Bank, around here.

By @mmastrac - 5 months
Tiktok journalism. :/

"Ri says that she works as a sports gambler and frequently trades in high dollar amounts"

Red flags.

"Another claimed that her bank began questioning her about where she gets her money after making two deposits, both less than $10,000"

Structuring.

By @k12sosse - 5 months
I had a TD Canada Trust ATM reboot on me mid payout. Longest 5 minutes of my life. LOL.