So if an existing customer may open an additional deposit account online through online banking, would it be acceptable for the 229.16 Specific Availability disclosure to be mailed to the customer? Or does the disclosure have to be provided AT account opening? If the latter, is an electronic provision of it OK through a click and download? Or is an additional disclosure even necessary (not a potential customer)? Thanks for your help.
"Sec. 229.17 - Initial disclosures.
Before opening a new account, a bank shall provide a potential customer with the applicable specific availability policy disclosure described in Sec. 229.16."
Opinions are mine not my employer's, and should not be taken as legal advice.