Learn More - Click Here!

Forums · Active Threads · Forum Rules · Mark All Read · Log In
BankersOnline.com Forums Banker Forums Need to Remain Anonymous Can We Charge A Fee?
New Reply Thread Options
#1953929 - 08/18/14 12:18 PM Can We Charge A Fee?
Anonymous
Unregistered

Can a bank charge an early closeout of Health Savings Accounts?

Return to Top Reply Quote Quick Reply Quick Quote
#1953930 - 08/18/14 12:20 PM Re: Can We Charge A Fee? Anonymous
Anonymous
Unregistered

Sorry. Can a bank charge an early closeout fee on a Health Savings Account? Cna anyone lead me to where it may be cited?

Return to Top Reply Quote Quick Reply Quick Quote
#1953956 - 08/18/14 01:59 PM Re: Can We Charge A Fee? Anonymous
RBanker Offline
Power Poster
RBanker
Joined: Jul 2003
Posts: 2,675
Austin Texas
What would be considered an early closeout?
_________________________
My comments are absolutely no reflection of, nor influenced by, my employer - take them at your own risk.

Return to Top Reply Quote Quick Reply Quick Quote
#1953995 - 08/18/14 03:17 PM Re: Can We Charge A Fee? Anonymous
Anonymous
Unregistered

Original poster here. If someone closed their HSA within the first 6 months could we charge an early closure fee? Also, what if they decided to transfer the HSA funds to another bank. Could we charge a fee for that?

Return to Top Reply Quote Quick Reply Quick Quote
#1954167 - 08/18/14 07:21 PM Re: Can We Charge A Fee? Anonymous
Anonymous
Unregistered

bump

Return to Top Reply Quote Quick Reply Quick Quote
#1954188 - 08/18/14 08:05 PM Re: Can We Charge A Fee? Anonymous
Anonymous
Unregistered

Fees on savings accounts are only limited by contract and State law.

Return to Top Reply Quote Quick Reply Quick Quote
Quick Reply:
HTML is disabled
UBBCode is enabled




Moderator:  MagicCity, P*Q, Truffle Royale