Preparation and determination pay off for Citizens State Bank
If a customer chooses not to opt-in, can the bank deny them a debit card?
Are there any state law caps on ATM fees? If so what states will it apply to?
A friend received a letter from their banking institution which informed that they would no longer offer debit cards on business accounts because of changes to Dodd-Frank. I am not aware of this. What Regulation is changing?
In regards to ACH credit entries, is it okay to place a client's credit into a holding account if the original account was closed but the client also has other active and open accounts?
We are currently challenged to find a resource that will enable us to comply with the enhanced disclosure requirements (e.g. foreign bank/country fees, taxes) mandated by CFPB for consumer initiated foreign remittances. How are other financial institutions planning to meet this requirement?
Is the "Official Interpretations" section of Reg E subpart B Remittance Transfers part of the Reg or just someones interpretation? Section 1005.33(a)-5. i., ii., and iii. Procedures for Resolving Errors. This makes no sense to me to hold the sending bank accountable for something beyond their control. I would think an error such as this would fall under "Extraordinary Circumstances." I have to present this to our President and CFO so your answer on this would be greatly appreciated.
Is any part of ADA Website Compliance currently being enforced?
If a merchant rebuts an EFT dispute and provides evidence that merchandise was shipped to the consumer's physical address, is it OK to revoke provisional credit?
Can the time frame for error claim resolution involving an ATM (45days) be extended to 90 days if the ATM is in a foreign country, just as it can when it involves a debit card purchace transaction?