Skip to content

Daily overdraft fee limits

Answered by: 

Question: 
Is there a regulatory limit on the number of overdraft charges that can be applied in one business day?
Answer: 

There are no hard and fast regulatory limits; however, there is regulatory guidance on limiting the number of overdraft fees that can be applied per day (e.g., the FDIC suggests no more than 3/day).
-----------------------------
Learn more about Jerod Moyer’s webinar Overdrafts: What you need to know now!

First published on 12/04/2016

Filed under: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics