Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are checks or recurring debits affected by the new Federal regulations?

April 26, 2017affected checks debits Federal recurring regulations

0

Posted

Are checks or recurring debits affected by the new Federal regulations?

1 Answer

0

Posted

No. The new rules only apply to ATM transactions and everyday purchases you make with your debit card. Checks you write, and any recurring debits you have set up, are not affected by these new rules. However, BBVA Compass will also allow you to opt-in or opt-out of checks and all other transactions.