I'm new at a bank that sends a letter after 90 days if the account meets the requirements to tell the customer that they are eligible for the service (currently no opt out but I believe that coming with Reg E revisions). I say this is advertising the program and therefore needs to meet those requirements (yep, aware of the upcoming revisions to that as well).

Are there any requirements that a bank disclose to it's customers the parameters of it's discretionary overdraft program to customers? My thoughts are No there isnt' a requirement for that - but that if you do it's advertising.