Union Bank
Ranking
#69
in Financial Services
NPS Score
0
Recommended: Unlikely
Used this business recently? Share your experience to help others decide.
Used this business recently? Share your experience to help others decide.
Share Your Experience1 reviews | Active since Jan 2020
Union Bank almost got sued by my business manager for holding money they had no legal right to hold. I mentioned this to corporate and to have the money to me by the following Monday. The check arrived that Monday. What do you call that kind of bank behavior? This is a very long story so I am going to shorten with a frozen account, questions of my legitimate wires from clients, a wire from Switzerland had to be redirected to another account at another bank and a long wait to receive the balance in my account. One client was so scared by Union Bank the money was retracted and sent to another one of my accounts. Good thing I had other accounts. Hard to believe huh? Well very true and horrifying especially since I was apologized to and asked to please open my account at Union Bank. I even had an appointment made for me. Appears flags are going off for security reasons and bankers aren't well trained to notice the difference between fraud and honest business. I don't always provide an invoice until asked by a client not a bank. The same with a statement. My finance manager does all my work. I just own my business and am sure the money goes where I am asked to send it. I keep records of all transactions then match to the bank statements. If I have a question I ask my finance manager. Sorry Union Bank. You were wrong as many banking ill willed procedures are wrong. I know my business. I don't need a babysitter and if I wanted one I would ask. I open a bank account not an accounting firm that I must answer to a bank for my business or client business practices. It's none of a banks legal right to even be part of unless hired for that purpose. Read a few more reviews. They get worse in abuse to my person and business affairs.
1 reviews | Active since Jan 2020
Union Bank almost got sued by my business manager for holding money they had no legal right to hold. I mentioned this to corporate and to have the money to me by the following Monday. The check arrived that Monday. What do you call that kind of bank behavior? This is a very long story so I am going to shorten with a frozen account, questions of my legitimate wires from clients, a wire from Switzerland had to be redirected to another account at another bank and a long wait to receive the balance in my account. One client was so scared by Union Bank the money was retracted and sent to another one of my accounts. Good thing I had other accounts. Hard to believe huh? Well very true and horrifying especially since I was apologized to and asked to please open my account at Union Bank. I even had an appointment made for me. Appears flags are going off for security reasons and bankers aren't well trained to notice the difference between fraud and honest business. I don't always provide an invoice until asked by a client not a bank. The same with a statement. My finance manager does all my work. I just own my business and am sure the money goes where I am asked to send it. I keep records of all transactions then match to the bank statements. If I have a question I ask my finance manager. Sorry Union Bank. You were wrong as many banking ill willed procedures are wrong. I know my business. I don't need a babysitter and if I wanted one I would ask. I open a bank account not an accounting firm that I must answer to a bank for my business or client business practices. It's none of a banks legal right to even be part of unless hired for that purpose. Read a few more reviews. They get worse in abuse to my person and business affairs.
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