We post ACH at 6:00 a.m. if a customer's ACH is negative it will be returned. My question involves when the customer makes an online deposit prior to the item actually being returned. The money is then available in the account to pay the item. Are we still able to return it NSF even though a deposit has been made into the account?
When an account requires two signatures to be present before the check is honored, how can the bank verify or allow an account like this to have ACH debit transactions or checks that have been converted into an ACH transaction? The bank does not want to be held liable for something like this if the two signatures are not available to verify.
Is there a limit on a consumer submitting an unauthorized transaction? I was told it's two years now?
How far back can a cardholder report unauthorized activity?
If a consumer is scammed and instructed to purchase gifts cards and give the scammer the card information, is this covered under Reg E?