Non-sufficient funds fees are now being limited to $10 under new rules
The changes were announced by Ottawa last year and kicked in on Thursday, also prohibit banks from charging more than one NSF fee in two business days for the same deposit account.
#Canada #Money #Banking #nonsufficientfund
https://globalnews.ca/news/11727258/limits-on-account-charges-ten-dollars/
Banks launch same-day cheque clearance from Oct 4 under RBI`s new framework. Learn about Positive Pay System requirements for faster, secure payments. https://english.mathrubhumi.com/news/money/same-day-cheque-processing-starts-october-4-heres-what-you-need-to-know-g6kydtwj?utm_source=dlvr.it&utm_medium=mastodon #cheque #clearance #RBI #bankrules