While the Federal Reserve announced new banking regulations last November ending the practice of charging overdraft fees on debit cards that exceed their limit, some banks like Citizens Bank of Rhode Island are slamming customers every chance they get right up til the date in which the new regulations go into effect.
http://www.nytimes.com/2009/11/13/business/13regulate.html
While Bank of America voluntarily instituted the new rules last month...
http://www.nytimes.com/2010/03/10/your-money/credit-and-debit-cards/10overdraft.html?pagewanted=print
No comments:
Post a Comment