What is the bank depositor fee that the CFPB suggests may be an unfair act or practice?
What is the FDIC’s concern about multiple NSF fees?
What is meant by “multiple presentments” of an item?
What are examples of “must pay” items that a bank may subtract from an account’s available balance?
Can someone tell me if a bank still has to obtain a original wet signature on a affidavit of check fraud or can it be a signature that we obtained via fax, email, or DocuSign?
It it allowed that a customer who is a trustee on a family trust account, may deposit checks that are made payable to that customer's business into the trust account?
Can the maker of a check cash it for the payee by endorsing the back?
* Payee: Donald Duck,
* Maker: Peter Pan
Peter Pan comes to the bank on behalf of Donald Duck. Peter endorses the back of the check. Donald Duck has not endorsed the check. Peter is the maker only of the item. Can we give Peter the cash?
We have a customer who pays a company, that company processed the check as ACH and days later deposits the actual check. In this case are we able to return the actual check that cleared secondarily as duplicate item within the 45 or 60 days from statement date?
Under what legal authority could we as the depository bank seek to recover a check timely returned by the "midnight deadline" when multiple prior checks were not timely returned by the "midnight deadline"?
May any account owner sign a stop payment order even if that person is not the one who initiated the item?