Sample Letter To Restrict ATM Card Usage - Andy Zavoina

<a href="http://adserve.bankersonline.com/cgi-bin/advertpro/blink.fpl?region=2&slot=1" target="_top"><img src="http://adserve.bankersonline.com/cgi-bin/advertpro/bimg.fpl?region=2&slot=1&keyword=NULL" border="0"></a>


Site Map Our Sponsors Home

Print Friendly!

Email This Article!

<a href="http://adserve.bankersonline.com/cgi-bin/advertpro/blink.fpl?region=34&slot=1" target="_top"><img src="http://adserve.bankersonline.com/cgi-bin/advertpro/bimg.fpl?region=34&slot=1&keyword=NULL" border="0"></a>

Sample Letter To Restrict ATM Card Usage
by Andy Zavoina, BOL Guru
BIO AND CONTACT INFO

Question: If an ATM/debit card holder is handling their account badly we restrict their card usage. I am looking for a sample letter to send to our ATM cardholders to notify them of our actions. Do you have any suggestions where I could find one? Are there any other documents we need to complete for our records?

Answer: Because you will be restricting the use of the access device, 205.8(a) will require advance notice (21 days) before your restrictions can take place.

Crafting a letter to this effect, stating why, should not be too difficult. I don't know of any templates available.

First published on BankersOnline.com 8/18/03

Home | Compliance | Lending | Operations | Security | Marketing | Technology | eBanking

BOL Archives Privacy Policy Important Disclaimer Recommend This Site ! Contact Us

BankersOnline is a free service made possible by the generous support of our advertisers and sponsors. Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all banking professionals. Support our advertisers and sponsors by clicking through to learn more about their products and services.

<A href="http://adserve.bankersonline.com/cgi-bin/advertpro/blink.fpl?region=90&slot=1" target="_new"> <IMG src="http://adserve.bankersonline.com/cgi-bin/advertpro/bimg.fpl?region=90&slot=1&keyword=NULL" border="0" width="125" height="125" alt="Click Here!"> </A>

<A href="http://adserve.bankersonline.com/cgi-bin/advertpro/blink.fpl?region=31&slot=1" target="_blank"> <IMG src="http://adserve.bankersonline.com/cgi-bin/advertpro/bimg.fpl?region=31&slot=1&keyword=NULL" border="0" width="125" height="125" alt="Click Here!"> </A>

<A href="http://adserve.bankersonline.com/cgi-bin/advertpro/blink.fpl?region=4&slot=1" target="_top"> <IMG src="http://adserve.bankersonline.com/cgi-bin/advertpro/bimg.fpl?region=4&slot=1&keyword=NULL" border="0" width="125" height="125" alt="Click Here!"> </A>

<A href="http://adserve.bankersonline.com/cgi-bin/advertpro/blink.fpl?region=91&slot=1" target="_new"> <IMG src="http://adserve.bankersonline.com/cgi-bin/advertpro/bimg.fpl?region=91&slot=1&keyword=NULL" border="0" width="125" height="125" alt="Click Here!"> </A>