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Platforms like Chime® and PayPal offer an array of financial services right at your fingertips. However, knowing how to transfer money between them can unlock even greater convenience and.
A 24-year-old faced with the nightmare scenario of losing his entire life savings. Andrew Alexander needed help when the money that was set aside for his education got frozen during what Alexander believed was a routine bank transfer.
Nina Pineda has some stimulus payment solutions with 7 On Your Side. There was promotion going with Citibank that if you open an account with a certain amount of money, I get $700. So I was just trying to get that extra bonus, Alexander said.
He transferred $50,000 from his online Chime account just before Christmas, then got scrooged. Basically, the next day, both accounts were frozen, and Chime says my funds were not eligible for refund, Alexander said. As to why both accounts were frozen, I still have no idea.
Chime wanted Alexander to provide unemployment verification, but Citibank didn t ask for any documentation and wouldn t disclose why all his money was frozen.