Anyone happen to have (or know where to find) the requisite billing rights notice which has to be provided with a checking account statement?
This may be what you are looking for but I am not sure. http://www.fdic.gov/regulations/laws/rules/6500-3100.html The bottom of the page lists some model disclosures. This is related to Electronic Funds Transfers. This is the Truth in Savings http://www.fdic.gov/regulations/laws/rules/6500-3400.html#7477 SEC. 265. DISCLOSURE REQUIREMENTS FOR CERTAIN ACCOUNTS. Or you could just go here http://www.fdic.gov/regulations/laws/rules/6500-100.html It should be listed somewhere there.
Not sure I understand your question fully, when you say "billing rights notice", is there a paticular scenario that is in question?
On your checking account statement, there is a required notice which mirrors the FCBA notice on credit card statements. Which provides your right to dispute transactions which appear on your statement. Requires that the bank respond to your dispute, appropriately and timely, etc.
From the first link Now that I have the applicable section, I can go through and see how many OOOOPPPPPPSSSSSSSIES my bank has scored... Let's see... Either (1) failing to investigate the written dispute. (2) failing to provide the results of the investigation via postal mail within 3 days of completion of the investigation. (3) failing to re-credit the disputed amount to the account after 10 business days, if the investigation was going to take more than 10 business days.
Ah you are talking mainly about the electronic funds transfer act. Go to fdic.gov and you can get all the juicy info you need.You can also find out which regulating agency cooresponds to your bank.
OH, I forgot (4) During the dispute, CLOSING the account, and REPORTING to ChexSystems to collect the disputed amount, before completing the dispute.
