I assume the webinar was addressing the laws of a specific State as this is all going to directly depend on the law that governs the specific sort of levy that is being referenced. Therefor, there is no one size fits all answer.
Account Number for CTR Item 22
In a webinar I attended earlier this year on Levies it stated, “Levy proceeds must not be reduced by any fee charged by the bank for processing the levy.” Would this rule apply to levies at the state level such as from the State Comptroller office or for Child Support?
First published on 09/06/2020