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#911671 - 02/27/08 08:32 PM stop payment fee and director
Colleen Offline
100 Club
Joined: Oct 2001
Posts: 130
Can we waive a stop payment fee for a director? Not sure if this would be included under Reg O or any other regs.

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Operations Compliance
#911696 - 02/27/08 08:54 PM Re: stop payment fee and director Colleen
Bagweaver Offline
Diamond Poster
Joined: Nov 2005
Posts: 2,409
SW GA
We don't waive any fees for a director.
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Semiretired. Working parttime at Historic Westville as a tour guide.

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#912360 - 02/28/08 07:16 PM Re: stop payment fee and director Bagweaver
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,364
Galveston, TX
There is no regulation (unless at the State level) that would prevent you from waiving a stop payment fee.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#912405 - 02/28/08 08:12 PM Re: stop payment fee and director rlcarey
Pup Offline
Power Poster
Pup
Joined: Sep 2003
Posts: 5,045
Pedaling along a scenic highwa...
Our Stop Payment Fees and Cashier's Check fees (perhaps some others as well) are all waived 100% for employees. NSF fees are a different story.

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#915841 - 03/05/08 10:48 PM Re: stop payment fee and director Pup
AvidBanker Offline
New Poster
Joined: Mar 2008
Posts: 6
Check state law - most do not allow you to treat employee or director overdrafts more favorably than those of any other customer.

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#915942 - 03/06/08 01:09 AM Re: stop payment fee and director AvidBanker
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,364
Galveston, TX
What does a stop payment fee have to do with an overdraft???
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#916171 - 03/06/08 03:44 PM Re: stop payment fee and director rlcarey
AvidBanker Offline
New Poster
Joined: Mar 2008
Posts: 6
Sorry - I had two trains of thought on my brain during my response.

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