Comments on: E-Trade: Account Restriction Resolved?

By: E-trade may not survive despite economic condition improved

E-trade may not survive despite economic condition improved — Thu, 23 Jul 2009 14:04:01 +0000

[...] What’s startling is the number of commenters on Mr. B’s posts who report the same experiences. For example, one writes: [...]

By: Alex

Alex — Wed, 01 Jul 2009 18:31:04 +0000

There is foolish company. I’ve received letter from their recently – they denied my application and documents without any explanations((( May because I live in Belarus?

By: venkat

venkat — Fri, 08 May 2009 13:17:51 +0000

I am too really getting fed up with my ETrade account. I had to wire some money from a joint account with my wife to another account in a different bank. When I called up day before to check, they told me no issues there. When I was in a hurry next day, they refused to wire until my send a notarized letter from my wife to them allowing the transfer. The funny thing is they allow me to write a check without my wife’s permission but no wire allowed. They really put in a fix when I was in a real hurry. Another issue I had was with ATM card (believe me it took 3 months) to one ATM card. There are so many such incidences I have with them.

By: Ian Loxton

Ian Loxton — Thu, 19 Mar 2009 23:43:13 +0000

Cannot gain access to my account with etrade as Norton security system wont let me in.

By: carla dazzi

carla dazzi — Thu, 06 Nov 2008 08:22:41 +0000

I am getting tired of triing to get the restrictions off my account. I have callled numerous times, only for the phone people to say I couldn’t have access. What to do? Now i can’t even get through on the phone. I thought that was my money. What’s really going on? I think I did everything to get the restrictions off anyway. I want the money to buy a farm and why shouldn’nt i be able to get it if I have it? It’s my money, it’s my money, it’s my money, darn it

By: Bob Kivi

Bob Kivi — Fri, 12 Sep 2008 14:57:44 +0000

I am having the same difficulty with them. A bank transfer was initiated from them and returned from my other bank. I have sent multiple copies of a notarized statement indicating the cause and verification of my identity. THE WORST PART is they NEVER told me it was restricted until I tried to take money out (cover margin) so I will be battling them to refund my margin interest in my investment account. I have been a customer for nearly 10 years but will not be very soon.

By: Florian Scholz

Florian Scholz — Sat, 03 May 2008 01:38:43 +0000

Well i had a similar problem with them. A transfer from another IP. and then i was required to fax identification, but i did it not in the 1-hour time frame. And i had to send them notarized by post. (Well the guy did not tell me that part). Well at all i got my account with some off-time back.
It could be handled better, but i understand that etrade do this for protection. that is fine. But what is going on now is not fine. Again they restricted my account. But now they do not tell me nothing. And the worst thing is they did this one hour after i got a wire of 50k. That i need that money for my business. I called every day. First they told me allways soon, now they tell me they do not know how long it will take. Two weeks have passed so far. It is not right, because if they would have a problem with the wire(what i do not understand, as i got this wires regulary) why not reject it?

Now when i log into etrade it say 0.00$. And the etrade CEO has a note that tell the customers that now etrade has more money liquid. nobody should wory. I wonder if they just freeze a big bunch of accounts to get more money liquid?

if sobdoy had a similar experiance livint dot net at gmail dot com is my email.
(exchange in the email dot in “.” and at in “@”)