Learn More - Click Here!

New Reply Thread Options
#2269955 - 05/02/22 09:48 PM Untimely Notice and Reg. E
Anonymous
Unregistered

Customer just recently notified us verbally of an unauthorized charge on his statement that began last February, so notice is untimely. Bank is only required to investigate/dispute charges occurring within the first 60 days of the charge first posting to his statement, and he is then liable for the rest, since notice was not made timely. Is this correct?

Return to Top Reply Quote Quick Reply Quick Quote
#2270028 - 05/04/22 03:50 PM Re: Untimely Notice and Reg. E Anonymous
Anonymous
Unregistered

Correct. Once the customer is out of the 60 day window, there is no responsibility on the bank.

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




Moderator:  MagicCity, P*Q, Truffle Royale