A New York man, frustrated with the lack of customer service he received from the Bank of America, has launched a lawsuit against the bank and its board.

Dalton Chiscolm’s lawsuit seeks $1,784 billion trillion, or nearly $1.8 sextillion.

Mr Chiscolm said that he is entitled to the money after he received inconsistent information about his bank accounts from a Bank of America employee.

The damages that the complainant is seeking is roughly 30 billion times the world’s total GDP of $60 trillion.

According to the Daily Finance website, if Bank of America agreed to pay what its customer is asking, it would wipe out the bank's $196 billion in common equity 9.1 trillion times over.

The judge at the helm of this case is Judge Denny Chin, the same judge who sentenced Bernie Madoff to 150 years in prison for his Ponzi scheme. The judge has given Mr Chiscolm until October 23 to better explain the basis for his claim.