Skip to content
BOL Conferences
Thread Options
#1131490 - 02/18/09 02:01 PM Pinless Debits - Annual Disclosure
Deena Offline
Power Poster
Deena
Joined: Nov 2000
Posts: 2,701
PA
We are considering including the required disclosure on the back of our deposit account statements rather than sending out a special mailing each year. Does anyone see a problem with that? I believe we are allowed to provide the notice annually or "more frequently," so I think this should be ok, but I wondered how others are doing this.
_________________________
Opinions expressed are mine and not necessarily those of my employer.

Return to Top
eBanking / Technology
#1131711 - 02/18/09 05:43 PM Re: Pinless Debits - Annual Disclosure Deena
'Lil Freak! Offline
10K Club
'Lil Freak!
Joined: Sep 2005
Posts: 10,596
The psych ward
We are doing the same.
_________________________
No, I didn't lose my mind. It got scared and ran away.

Return to Top
#1132626 - 02/19/09 06:17 PM Re: Pinless Debits - Annual Disclosure 'Lil Freak!
Andy_Z Offline
10K Club
Andy_Z
Joined: Oct 2000
Posts: 27,749
On the Net
Why not bundle it with Privacy?
_________________________
AndyZ CRCM
My opinions are not necessarily my employers.
R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

Return to Top
#1132684 - 02/19/09 07:19 PM Re: Pinless Debits - Annual Disclosure Andy_Z
Deena Offline
Power Poster
Deena
Joined: Nov 2000
Posts: 2,701
PA
I guess it just seems pretty unrelated to privacy. At least the back of the statements also includes the Reg E Error Resolution Notice, which is quasi-related. I suppose it could be included either place. I just wanted to make sure I wasn't missing anything.
_________________________
Opinions expressed are mine and not necessarily those of my employer.

Return to Top
#1133697 - 02/20/09 10:24 PM Re: Pinless Debits - Annual Disclosure Deena
Andy_Z Offline
10K Club
Andy_Z
Joined: Oct 2000
Posts: 27,749
On the Net
Bundling can mean less postage and a set calendar when you "get 'er dun."
_________________________
AndyZ CRCM
My opinions are not necessarily my employers.
R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

Return to Top
#1134214 - 02/23/09 06:07 PM Re: Pinless Debits - Annual Disclosure Andy_Z
HEIDIDAVIS Offline
New Poster
Joined: Feb 2009
Posts: 16
Does anyone have sample language of what they are putting on the back of the statements?

Thanks

Return to Top
#1134274 - 02/23/09 07:15 PM Re: Pinless Debits - Annual Disclosure HEIDIDAVIS
Deena Offline
Power Poster
Deena
Joined: Nov 2000
Posts: 2,701
PA
I don't have it right here, but we're using the same language that we used for the statement stuffer we included with our December 2008 deposit account statements.
_________________________
Opinions expressed are mine and not necessarily those of my employer.

Return to Top
#1135812 - 02/25/09 06:12 PM Re: Pinless Debits - Annual Disclosure Deena
GoGreen Offline
Gold Star
Joined: Dec 2007
Posts: 288
PA
Does this affect MasterCard cards as well?

Return to Top
#1135833 - 02/25/09 06:38 PM Re: Pinless Debits - Annual Disclosure GoGreen
'Lil Freak! Offline
10K Club
'Lil Freak!
Joined: Sep 2005
Posts: 10,596
The psych ward
Originally Posted By: lelab
Does this affect MasterCard cards as well?


No, only VISA.
_________________________
No, I didn't lose my mind. It got scared and ran away.

Return to Top
#1238815 - 08/25/09 07:21 PM Re: Pinless Debits - Annual Disclosure 'Lil Freak!
terpsfan Online
Diamond Poster
Joined: Feb 2007
Posts: 2,059
Does this disclosure need to be sent to business customers?

Return to Top

Moderator:  Andy_Z