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Old 10-26-2004, 11:53 AM
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Default Check 21: new US legislation for personal checking

Posted By: petecld

Bill,

I had a $6 check appear in my account and I mailed out the item the guy won. About 7-10 days later I got a letter via snail mail telling me it bounced and not only did the bank take out the $6 they also charged ME $9 for the bad check. (Bleepin) cost ME $9 for a bad $6 check.

So based on my experience I would say you are mis-informed but different banks can have separate rules, I'd ask your bank.


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