Usually, That Only Happens After Your Account Has Been Negative For A Set Number Of Days, And You Should Have Received Notices From The Bank About The Issues.

There is no appeal to this decision. They closed my account that i received my social security benefits to and i had to wait on a payment of 794.00 from social security for a week. On 10/30/2021 i deposited my payroll check in the amount of $360.00 into my checking account with varo bank.

On 4:00 Pm On July 30Th, My Account Was Disabled And I Was Told I Would Get An Email Explaining Why.

That evening i was notified that they detected suspicious activity on my account and froze my account. This bank screwed me and my family over when they closed my account with no reason and no warning and basically told me to get fucked. Pursue legal action if necessary, i’m interested in a class action law suit since this is happening many people.

What Would You Like The Company To Do To Fix The Problem?

They said they are blocking all the loans and closing down all the accounts that are receiving them because they are personal accounts only and you can’t use for your business. We are also terminating your access to varo services under the terms of the varo user agreement. If you have your ppp loans set to go to varo, dont!!!!

Deposits With Varo Bank Are Insured Up To $250,000 With Federal.

A place to talk to. Particularly if you haven’t already been notified of. When your bank blocks your account, they have to tell you.

After Following Up With Varo This Morning On The Still Pending Transfer I Was Told My Account Was Under Review And Just An Hour Ago I Received A Email Saying My Account Was Closed And There Was No Option To Appeal.

I’ve had a good bit of money deposited in their bank with no problems. One minute you’re minding your own business, buying groceries or doing a little shopping online. 2 there is no fee to withdraw money from any allpoint® atm.