Posted By: Wiqit
Reg D - Take Away W/D Capabilities - 06/02/06 02:20 PM
If the bank decides to take away the transfer/ draft capabilities from a money market account due to repeated occurrences of exceeding the withdrawal limitations imposed by Reg D - and items come in for payment, can the bank pay the items against another account that the depositor has with us or do we have to return the items?
I appreciate your help in this matter. Thank you.
I appreciate your help in this matter. Thank you.