Most Popular Technology Content
Opted in, then Account Suspended
09/27/2010
A customer has opted in to the overdraft protection and then the bank decided to suspend his protection because he did't bring his account positive. Is there a disclosure the bank needs to send to the customer letting him know that his overdraft protection has been suspended? If the bank wants to reinstate the overdraft protection after the account is brought current, does the customer need to sign the opt-in form again?
Overdraft Fees Caused by ATM/POS Transactions
09/27/2010
Relative to charges for overdrafts caused by ATM or POS transactions, when a customer has opted out, when counting the consecutive days overdrawn, must we look at all ATM/POS transactions back to the reg implementation date or do we just exempt the ATM/POS transactions that caused the current overdraft?
Online Transfers between Business Accounts
09/27/2010
With all the new advances in online banking, what are the rules concerning online banking transfers between two business accounts (corporate, LLC, partnership) with two different tax ID numbers, but both are owned by the same person?
Finding a Cyber Security Firm
09/20/2010
What does it cost to have a cyber security firm test a bank's computer security to find out where the bank is vulnerable to outside hackers? Who does this work?
Fee for Debit Card Dispute?
09/20/2010
Can the bank charge a fee (service charge) for a debit card dispute?