Are there any Federal or State laws that require a paper statement Notification of Deposit for direct deposit?

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Are there any Federal or State laws that require a paper statement Notification of Deposit for direct deposit?

I want to stop sending Direct Deposit Notifications using paper. The information is available online at an intranet website. I don't want to break the law.

2006-06-29 02:05:38 · 1 answers · asked by Michael T 2 in Local Businesses ➔ United States ➔ Boston

1 answers

If the online transaction is secure, then it should be legal!!!

2006-06-29 03:20:43 · answer #1 · answered by medhruv 4 · 0⤊ 0⤋