A couple weeks ago I had mentioned that I had turned $2.00 into a withdrawal at Red Stag. Well, I dipped into it a little but ended up with $210 total being requested to be withdrawn. Red Stag charges $60 for the wire fee in the first place which is the highest I have ever heard of but to make matters worse, I only received $101.52 into my bank account (it should have been $150.00....$210.00 less $60 wire fee) so I got hold of customer service and it turns out that there was a "middle" bank involved (that's what they called it) and they apparently took out the missing $48.48 for their little grubby hands touching my money. THEN, my bank charged another $15.00 for their part in this bull.... withdrawal. If I sound angry, well, I am QUITE P.O.'d!
So, that would be a total of $123.48 in wire fees for one stinking lousy $210 withdrawal, that comes to 58.8% of my withdrawal went to wire fees.
Also, just so you all know, my withdrawal took it's sweet time being processed due to the fact that I was taking out $10 here and $10 there and each time I took $10 out, the clock started all over again for the mandatory 72 hours that they apply to your withdrawal before they will begin to process it. I wouldn't have touched it at all if I had known that.
So, anyway, that's what I wanted all of you to know about.
Good luck and be careful with stingy Red Stag and their first, middle and ending plethora of banks taking your money.
Leslie
So, that would be a total of $123.48 in wire fees for one stinking lousy $210 withdrawal, that comes to 58.8% of my withdrawal went to wire fees.
Also, just so you all know, my withdrawal took it's sweet time being processed due to the fact that I was taking out $10 here and $10 there and each time I took $10 out, the clock started all over again for the mandatory 72 hours that they apply to your withdrawal before they will begin to process it. I wouldn't have touched it at all if I had known that.
So, anyway, that's what I wanted all of you to know about.
Good luck and be careful with stingy Red Stag and their first, middle and ending plethora of banks taking your money.
Leslie