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.

Is the consumers “authorization” required to re-present the NSF check and electronically charge (debit) the consumers account?

April 26, 2017account Authorization charge consumer Debit electronically NSF

0

Posted

Is the consumers “authorization” required to re-present the NSF check and electronically charge (debit) the consumers account?

1 Answer

0

Posted

No. The consumer’s “authorization” is not required for Electronic Check Recovery. However, the business is required to have provided notice to the check writer, prior to receiving the consumer’s check, informing them of NSF Express’s Recovery policy under which the consumer’s check may be collected electronically if it is returned for (NSF) non-sufficient funds or uncollected funds.