Legal Question in Banking Law in Utah
bank institution laws on check cashing
My bank cashed the biggest check first ($1900 check) and returned all of the other checks. (My account was only approx. $60.00 short of being able to cash all of the checks.) The charged be a few hundred dollars in fees which bounced other checks. They also took some funds from my credit card account to cover some checks. In return I had to pay nsf fees, and I am still paying interest on the funds they took from my credit card. Is this legal?
Asked on 12/11/06, 8:58 pm
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
Re: bank institution laws on check cashing
It depends on the written agreements you had with the bank. An attorney would probably have to review the documents.
Answered on 12/12/06, 11:25 am
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