Deposit adverse action - verification

Posted By: Bartman

Deposit adverse action - verification - 07/15/10 06:45 PM

Our doc prep software has a feature that will generate a ChexSystems report and an identification verification report in one combined format. If we decide not to open a deposit account because, say, there's an address discrepancy or an inaccurate SSN (but no issues from ChexSystems), must we provide an FCRA deposit account adverse action notice?