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#1639130 - 12/14/11 09:49 PM ACH and telephone transfer daily notices
leellis Offline
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Joined: Oct 2011
Posts: 3
Is there a requirement on the bank side to mail a notice to the consumer when an automatic debit to an account for a loan pmt housed at another institution is completed each month?

ALso, when a telephone transfer is completed by a consumer are we required to mail out a notice?

Thanks.

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#1645505 - 01/03/12 08:08 PM Re: ACH and telephone transfer daily notices leellis
complofcr Offline
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Joined: Apr 2010
Posts: 183
SE USA
I am searching the threads for the same answer! Does anyone know? Thanks!

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#1645519 - 01/03/12 08:21 PM Re: ACH and telephone transfer daily notices leellis
Doug Hendrickson Offline
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Doug Hendrickson
Joined: Oct 2009
Posts: 3,927
See the reply by rlcarey in this thread:

Transfer notices
_________________________
I hear and I forget. I see and I remember. I do and I understand.--Confucius

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#1646000 - 01/04/12 07:09 PM Re: ACH and telephone transfer daily notices leellis
complofcr Offline
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Joined: Apr 2010
Posts: 183
SE USA
Thanks, Doug!

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#1647836 - 01/09/12 01:18 PM Re: ACH and telephone transfer daily notices leellis
leellis Offline
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Joined: Oct 2011
Posts: 3
Thanks everyone!

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