Is this legal? My bank rearranges things after the fact. On Sunday, for instance, they'll have posted transactions in a certain order with Monday's date. On Monday evening, they'll rearrange the transactions in order from largest $$ to smallest amount. This way, if the account goes below zero, they can potentially charge back the customer many overdraft fees, instead of processing the large transaction last, and only charging one overdraft fee.
2006-09-26
12:54:30
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8 answers
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asked by
Ezza
1
in
Personal Finance