CosmoKramer
Junior Member
Joined: Jul 2005
Posts: 47
If you are changing your return deposit item fee, and fee to process foreign (canadian) items on a retail deposit account, you must re-disclose 30 days in advance of the change, correct?
Yes- you do need to provide 30 days notice to all existing account holders impacted by the changes. Remember to give yourself about 3 days + the 30 days if you are mailing notices.