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#1444915 - 09/17/10 06:24 PM Right of offset
Overboard Offline
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Overboard
Joined: Aug 2007
Posts: 192
Minnesota
Customer cashes a check drawn on another bank, it comes bank NSF the only thing they have with us is a certificate of deposit. Do we have the right of offset?

Thank you

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#1444941 - 09/17/10 06:54 PM Re: Right of offset Overboard
Andy_Z Offline
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Andy_Z
Joined: Oct 2000
Posts: 27,748
On the Net
Check your agreements but I would generally say yes, assuming it isn't a retirement (IRA) CD.
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AndyZ CRCM
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#1445001 - 09/17/10 07:56 PM Re: Right of offset Andy_Z
Overboard Offline
100 Club
Overboard
Joined: Aug 2007
Posts: 192
Minnesota
Thank you

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