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#1520677 - 03/11/11 04:20 PM Payment of order of items
markp Offline
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Joined: Jan 2007
Posts: 382
New Jersey
Does anyone have any resources on the guidance on Payment order of items?

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Deposits and Payments
#1520709 - 03/11/11 04:58 PM Re: Payment of order of items markp
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,371
Galveston, TX
It would be State law or the guidance from the FDIC which says basically you cannot manipulate the payment of items solely to maximize overdraft fees. Mainly is electronic items first followed by checks in the order that you choose.
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