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#131099 - 11/17/03 02:09 PM Free Checking
Fred GBOF Offline
New Poster
Fred GBOF
Joined: Nov 2003
Posts: 21
Florida
When a product is diclosed as "Free" checking are upcharges on printed check orders permitted?

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#131100 - 11/17/03 02:41 PM Re: Free Checking
Elwood P. Dowd Offline
10K Club
Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
Yes. This is not an issue unique to Florida. It is addressed in Reg DD, 230.8 and the commentary to that section. Generally, accounts that have maintenance or service charges cannot be described as "free," but that does not mean they cannot have specific fees for things like stop payments and check printing.
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#131101 - 11/17/03 03:50 PM Re: Free Checking
Fred GBOF Offline
New Poster
Fred GBOF
Joined: Nov 2003
Posts: 21
Florida
Thanks

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