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  2. Dishonoured cheque - Wikipedia

    en.wikipedia.org/wiki/Dishonoured_cheque

    The bank is not obliged to contact the customer, and is unlikely to do so more than once. When a cheque is dishonoured, the bank customer may be charged a dishonour fee by their bank. If paying the cheque would result in the account becoming overdrawn, the bank may in its discretion still honour the cheque.

  3. Overdraft fees crackdown: Biden administration sets new ... - AOL

    www.aol.com/overdraft-fees-crackdown-biden...

    The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much as $5 ...

  4. 19 Banks That Don’t Use ChexSystems - AOL

    www.aol.com/finance/19-banks-don-t-chexsystems...

    Varo Bank is a no-fee online bank willing to work with customers with bad credit. The bank doesn’t look at ChexSystems reports or run your credit report to determine if you’re creditworthy ...

  5. TD Bank to pay $3 billion, face asset cap to resolve US money ...

    www.aol.com/news/canadas-td-bank-plead-guilty...

    TORONTO/NEW YORK (Reuters) -TD Bank became the largest bank in U.S. history to plead guilty to violating a federal law aimed at preventing money laundering, and agreed to pay over $3 billion in ...

  6. Cashier's check - Wikipedia

    en.wikipedia.org/wiki/Cashier's_check

    A cashier's check (or cashier's cheque, cashier's order, official check; in Canada, the term bank draft is used, [1] not to be confused with Banker's draft as used in the United States) is a check guaranteed by a bank, drawn on the bank's own funds and signed by a bank employee. [2]

  7. Certified funds - Wikipedia

    en.wikipedia.org/wiki/Certified_funds

    Cashier's check (known as a bank draft in Canada) Money order; Manager's check; Wire transfer; Specifically, personal checks are not allowed, as the account may not have sufficient funds, and credit cards are not allowed, as the transaction may later be disputed or reversed. Checks sent by a bank bill payment service can fall into an ambiguous ...

  8. US charges ex-TD Bank employee with helping to launder money ...

    www.aol.com/news/us-charges-ex-td-bank-174412767...

    A former TD Bank employee based in Florida was arrested and charged with facilitating money laundering to Colombia, New Jersey's attorney general said on Wednesday, in the first such arrest since ...

  9. Unavailable funds fee - Wikipedia

    en.wikipedia.org/wiki/Unavailable_funds_fee

    The fee is distinct from a non-sufficient funds fee, as there is a positive physical balance but some or all the funds are on hold (meaning that the balance is not yet available). Bank fees such as the unavailable funds fee are contentious and have been the subject of some debate. Consumer advocacy groups have criticised them as opaque and ...