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What is the maximum amount that a bank or credit union may charge for returned checks or overdrafts ?

April 26, 2017Bank charge checks Credit Union maximum overdrafts RETURNED

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What is the maximum amount that a bank or credit union may charge for returned checks or overdrafts ?

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There is no maximum amount that a financial institution may charge its customers for their returned checks or overdrafts. Financial institutions are allowed by law to establish their own internal policies with regard to overdraft charges for their own customers.