I came across a critical review of East-West Bank on a Scam Reporting website – DirtyScam.com, titled ‘DON'T BANK WITH EAST WEST BANK’.
DirtyScam allows anonymous submission of complaints from angry consumers and victims of scams. Since the website is hosted offshore (probably in Russia or India), we take this (negative) review against East-West Bank with a pinch of salt.
Here is what the review says –
East-West Bank has the crappiest rules that where never mentioned to me and my uncle when we opened our accounts.Today 1/18/19 we went to bank on Sepulveda and Victory to deposit a 2 check received by my aunts burial policy insurance payment my uncles was with me at time.I borrowed money $6000 cash 3 weeks ago from him and I was paying him back with these 2 checks.They would not take the checks even when I endorsed it to him. The Asian lady called his bank in Silverlake and reported to the Manager.The manager refused to take the check and deposited into my uncles account.He said I would have to deposit it in my account. I told him I was closing my account with them.I said to manager Chase, Wells Fargo and other banks allow people to deposit endorsed checks.He said company policy and can not honor the deposit. My uncle was all steamed up and upset that they did this.Mine you last month they would not allow him to withdrawal $6000 cash from his account when he has hundreds of thousands in that bank.They think the money you deposit into their bank is their money. You are not allowed to touch it unless they approve it.NOW, TELL ME IF THIS BANK IS GOOD. MY RATING IS BELOW -0. DONT BANK WITH EAST WEST BANK.Too bad East West you need to change your policies and listen more to the customer instead of trying to control them.
In case you don’t already know (assuming you came to this page by Googling ‘East-West Bank scam‘, or ‘East-West Bank review‘, East-West Bank is listed under the category Business on DirtyScam.com.
Here is the rest of the contact information for the sole purpose of identification –
- Address: Glendale Boulevard Los Angeles CA 90039
- Phone: (323) 667-9003
- Severity of Scam: Medium [not sure what it means]
- Reported Loss: 3887 $ [unsubstantiated]
- Reported by: Anonymous [obviously]
The entity East-West Bank was awarded 2 / 5 Stars based on 3 Reviews.
It is difficult to ascertain whether East-West Bank is a Scam, or Legit, based on this single review. In the coming weeks/days, I will try to research deeper into East-West Bank, analyze and list more critical reviews and identify a pattern (or lack of) to substantiate the claim mentioned above.
Regardless, until then, we give the benefit of doubt to the reviewer and list East-West Bank as someone you need to avoid (for now).
If you have any grievances, complaints, or anonymous tips against East-West Bank, please contact us immediately. If you have lost money to East-West Bank, together we can work to recover your loss.