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Disclosing Representment Fees

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Question: 
My bank made changes to language in the fee schedule and depository disclosures, pertaining to return items and non sufficient funds representments and statement language. Is there any reason the bank needs to notify the customer of these changes?
Answer: 

I am really confused - how can you modify your terms and conditions of an account, including disclosures and then not tell anyone? What purposes does that fulfill?

First published on 05/14/2023

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