I made a substantial wire transfer to the Channel Islands from my branch in Ardmore...I was quoted the exact rate or 1.49 USD to British Pounds Sterling I was charged the rate of $45 for the transfer. the funds I withdrew never completely made it to the Channel Islands the exchange rate even became more favorable the following day. Beneficial skimmed off nearly $200 additional from my account and sent much less than I took out of the account for the wire. They literally abused me as a customer pocketing these additional funds without my knowledge. They then lied saying the other bank charged these additional funds. I received a copy of the wire sent to the other bank. Beneficial took the money off the top, no explanation. I intend to start a class action against my bank for skimming International Funds and unlike their promise to use the current Rate making up their own rate and taking funds unbeknownst to their Customers. It took over 1hour and 45 minutes to process the transfer. I believe during this time the money was skimmed and without telling me they changed an additional amount pocketing these additional funds. Anyone else who has sent an International wire transfer should check the Rate and using the highest exchange for that day make sure Beneficial did not steal from you as well. They do not use the Rate they promise and when questioned act like they know nothing. I assume this is a regular theft by them pretending to give you an exact Rate then pocketing extra money maybe this is how their President has those expensive dinners, by stealing from longtime customers. I am taking Legal action and you should as well. I have contacted a class action law firm in NYC that specializes in these type thefts and we are in conference about a game plan to get all your stolen money back!! Chime in they are caught now with their pants down and have lied to me about the other bank taking the money. There is no excuse for Fraud. There is no excuse for dishonest banking. These crooks must be stopped!!
Please be Advised, that one of Beneficial Banks Employees, Dan Zimmerman requested me to invest in one of his stock accounts. He guaranteed me a return between 3 and 6%. Accordingly, I invested $2,200,000. I told him I wanted a safe investment not speculative. He stated the money would be safe and in front of one of the employees - Brittany Adams Dowd. In what appeared to be approximately six months and without my permission the stock went south and I was informed the stock was down $94,000. I told him to to get me out of this stock which was unauthorized. My total loss was $107,000, Hence, the next day he said the loss was $107,000. Mr Zimmerman has subsequently denied that the stock was guaranteed and safe, As a result I underwent a Polygraph exam administered by the top administrator in the country. Taking in the $107,000 loss in addition to the 3% to 6% promise, the total loss was $150,000. This matter is presently scheduled for trial. I therefore would not recommend and depositor dealing with Beneficial Bank. If anyone has questions or concerns regarding this matter , feel free to contact me @610-xxx-xxxx Most Regrettably Robert Hxxxxxxx
Beneficial Mutual Bancorp, Inc. Reviews
I made a substantial wire transfer to the Channel Islands from my branch in Ardmore...I was quoted the exact rate or 1.49 USD to British Pounds Sterling I was charged the rate of $45 for the transfer. the funds I withdrew never completely made it to the Channel Islands the exchange rate even became more favorable the following day. Beneficial skimmed off nearly $200 additional from my account and sent much less than I took out of the account for the wire. They literally abused me as a customer pocketing these additional funds without my knowledge. They then lied saying the other bank charged these additional funds. I received a copy of the wire sent to the other bank. Beneficial took the money off the top, no explanation. I intend to start a class action against my bank for skimming International Funds and unlike their promise to use the current Rate making up their own rate and taking funds unbeknownst to their Customers. It took over 1hour and 45 minutes to process the transfer. I believe during this time the money was skimmed and without telling me they changed an additional amount pocketing these additional funds. Anyone else who has sent an International wire transfer should check the Rate and using the highest exchange for that day make sure Beneficial did not steal from you as well. They do not use the Rate they promise and when questioned act like they know nothing. I assume this is a regular theft by them pretending to give you an exact Rate then pocketing extra money maybe this is how their President has those expensive dinners, by stealing from longtime customers. I am taking Legal action and you should as well. I have contacted a class action law firm in NYC that specializes in these type thefts and we are in conference about a game plan to get all your stolen money back!! Chime in they are caught now with their pants down and have lied to me about the other bank taking the money. There is no excuse for Fraud. There is no excuse for dishonest banking. These crooks must be stopped!!
Please be Advised, that one of Beneficial Banks Employees, Dan Zimmerman requested me to invest in one of his stock accounts. He guaranteed me a return between 3 and 6%. Accordingly, I invested $2,200,000. I told him I wanted a safe investment not speculative. He stated the money would be safe and in front of one of the employees - Brittany Adams Dowd. In what appeared to be approximately six months and without my permission the stock went south and I was informed the stock was down $94,000. I told him to to get me out of this stock which was unauthorized. My total loss was $107,000, Hence, the next day he said the loss was $107,000. Mr Zimmerman has subsequently denied that the stock was guaranteed and safe, As a result I underwent a Polygraph exam administered by the top administrator in the country. Taking in the $107,000 loss in addition to the 3% to 6% promise, the total loss was $150,000. This matter is presently scheduled for trial. I therefore would not recommend and depositor dealing with Beneficial Bank. If anyone has questions or concerns regarding this matter , feel free to contact me @610-xxx-xxxx Most Regrettably Robert Hxxxxxxx