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#1123515 - 02/05/09 03:29 PM Check holds and overdrawn accounts
easd, CRCM, AAP Offline
Member
Joined: Oct 2003
Posts: 96
RI
Is it acceptable under Reg CC to place an exception hold on checks deposited strictly because the customer is either overdrawn or does not have enough funds to cover the check being deposited?

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#1123592 - 02/05/09 04:00 PM Re: Check holds and overdrawn accounts easd, CRCM, AAP
BrendaC Offline
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BrendaC
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
No. I would look to see whether customer qualifies as repeat overdraft customer.
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