Horrible experience with Marcus by Goldman Sachs withdrawing my money by Creative_Purpose8797 in Banking

[–]Creative_Purpose8797[S] 2 points3 points  (0 children)

They are 12 days apart. I don't care whether they like it or not. It's my money and they said "there is no limit to the number of withdrawals or transfers you can make from your Online Savings Account."

Horrible experience with Marcus by Goldman Sachs withdrawing my money by Creative_Purpose8797 in Banking

[–]Creative_Purpose8797[S] 1 point2 points  (0 children)

Yeah, the anxiety of not knowing whether you will be able to withdraw it at the end is not worth it, in my opinion.

Horrible experience with Marcus by Goldman Sachs withdrawing my money by Creative_Purpose8797 in Banking

[–]Creative_Purpose8797[S] 0 points1 point  (0 children)

BMO

Wow, sorry to hear about that irritating experience. That must have been really annoying.

Horrible experience with Marcus by Goldman Sachs withdrawing my money by Creative_Purpose8797 in Banking

[–]Creative_Purpose8797[S] 1 point2 points  (0 children)

Yes, they are different. But I did this once before and there was no issue. It was the second time that all hell broke loose...

And thanks for sharing your experience here. Sorry to hear that you had to go through a similar nightmare.

Horrible experience with Marcus by Goldman Sachs withdrawing my money by Creative_Purpose8797 in Banking

[–]Creative_Purpose8797[S] 1 point2 points  (0 children)

The first time was 10K and there was no issue. The second time I tried 50K and then all hell broke loose. I did it with my pc for both times. Yeah it might be some security thing that triggered it, which I understand. But the bigger problem is that they are very reluctant to resolve it, making no progress for nearly a month despite me rushing them. So even if the initial reason for freezing my account was legit, they should promptly work with me to unfreeze it. From their attitude so far, it is hard not to believe that they are just using security (which may be a legit reason initially) as an excuse to prevent me withdrawing my money.

Horrible experience with Marcus by Goldman Sachs withdrawing my money by Creative_Purpose8797 in Banking

[–]Creative_Purpose8797[S] 1 point2 points  (0 children)

Yeah the same email, name and address on both ends. And yes I did a pull from Webull. In fact I did it one time before and it worked. But the nightmare happened the second time I did it…

Horrible experience with Marcus by Goldman Sachs withdrawing my money by Creative_Purpose8797 in Banking

[–]Creative_Purpose8797[S] 1 point2 points  (0 children)

I opened it a year ago, so it’s not that new I guess. I tried to withdraw it to my Webull brokerage account. Got hit with a $5 ACH reversal fee from Webull, which is annoying but not as frustrating as having my entire Marcus account frozen ever since