Skip to content
BOL Conferences
Thread Options
#1339503 - 02/08/10 05:34 PM Change in terms required for these?
Analauditor Offline
Junior Member
Joined: Aug 2005
Posts: 44
Is a change-in-terms required if the fee is increased for the following items:

Bond coupon envelope
Return deposited item fee
Account balancing fee
Account research fee
Collection item fee
Safe Deposit box fee

Thanks in advance. I am not sure from reading Reg DD or the commentary.

Return to Top
Deposits and Payments
#1339767 - 02/08/10 09:38 PM Re: Change in terms required for these? Analauditor
Yoda66 Offline
Junior Member
Joined: Jun 2009
Posts: 33
Yes, they are required because these types of miscellaneous fees are disclosed to customers at time of opening. For instance, I could have a safe deposit box with your institution that reprices annually: therefore, I would have to be notifies about the new price.

Return to Top
#1339778 - 02/08/10 09:48 PM Re: Change in terms required for these? Yoda66
Gotwood Offline
Platinum Poster
Joined: May 2001
Posts: 715
what is the bond coupon envelope fee and how is it related to a deposit account? the next four yes.
definately not on the safe deposit box - that is not a deposit product regulated under reg dd.

Return to Top

Moderator:  John Burnett