Changing Account from Free to Fee

Posted By: ComplianceGurl, CRCM

Changing Account from Free to Fee - 03/21/14 08:53 PM

When changing a business deposit account from a FREE account to an account with fees,(name is changing too) are we regulatory required to send new disclosures?
Thanks!
Posted By: rlcarey

Re: Changing Account from Free to Fee - 03/21/14 09:04 PM

TISA is a consumer law. You would have to look at your current contract for requirements.