FAQ - Other
Lenders
Q: Is my bank obligated to
notify me if my account is
overdrawn?
Q: Can a bank pay checks in any
order it chooses?
Q: Is there a maximum fee a bank
can charge its customers for
non-sufficient funds?
Is my bank obligated to notify
me if my account is overdrawn?
There is no requirement that the
bank notify a customer that the
account is overdrawn. You may
not know your account was
overdrawn until you receive your
monthly statement. The
disclosure agreement will give
the obligations of the bank for
all areas of the de
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