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#1658084 - 01/30/12 09:42 PM Right of Offset for NSF/OD Accounts?
Playin 88-Keys Offline
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Playin 88-Keys
Joined: Aug 2009
Posts: 20
Riding along the Coast
Brain Freeze Moment: If we have a personal account held jointly that is overdrawn, can we offset this OD amount using funds from an account held individually by one of the joint owners?
"Enjoy the simple pleasures of life"

Any feedback is soley based on my experience and do not reflect that of my employer.

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#1658087 - 01/30/12 09:46 PM Re: Right of Offset for NSF/OD Accounts? Playin 88-Keys
cbinder63 Offline

Platinum Poster
Joined: Dec 2001
Posts: 674
Look at the deposit contract/signature card for the accounts. Many will have verbiage relating to the right of setoff (offset) from accounts.
Opinions expressed are my own.

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