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.

What is the maximum amount that a financial institution may charge for returned checks or overdrafts?

April 26, 2017charge checks financial institution maximum overdrafts RETURNED

0

Posted

What is the maximum amount that a financial institution may charge for returned checks or overdrafts?

1 Answer

0

Posted

• A. Ohio does not have a statute which limits what a financial institution can charge. Ohio does not have a statute which limits what a merchant can charge. A fee schedule, provided to the customer when opening a new accoutn, should specify the amount that may be charged.