Right you are. I've read that Wells Fargo will freeze your accounts based on bogus out-of-state claims. For example, suppose California claims that you owe $500 in traffic tickets, even though you've never been near that state. WF is very happy to freeze your accounts at CA's request.
Avoid them.
I wouldn’t do business with them for the simple reason of what you find when you Bing/Google “Wells Fargo Money Transfers to Mexico....”