229.18(e) A bank shall send a notice to holders of consumer accounts at least 30 days before implementing a change to the bank's availablility policy regarding such accounts, except that a change the expedites the availability of funds may be disclosed not later than 30 days after implementation.
Our cut-off time is changing from 2 to 4 pm. In reading 229.18(e), it appears that we have an option in whether we notify consumer account holders or not. Am I reading correctly?
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