Thread Starter: Anonymous
Title: Re: Extended Hold
|
We have a customer that has agreed to having an indefinite hold placed on his checking account to ensure that overdrafts on his other accounts will be paid.
Since I was informed that we don't have this agreement in writing, my suggestion would be to exexcute an agreement ASAP to avoid a Reg CC violation.
Is this correct? Would the agreement be sufficient to avoid criticism from the regulator?
|
|
|
|
