Questions tagged [nsf]
The nsf tag has no usage guidance.
4
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Why haven't government/banks acted to prevent money laundering and other scams?
I read about so many scams where people are given large cheques to deposit, and then asked to repay most of the money and keep a bit for themselves. The cheques then bounce, and the person is out the ...
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Why is a failed ACH payment more likely to trigger an NSF fee than a failed Visa/MasterCard debit payment?
Background information (you can skip this)
The average NSF (insufficient funds) fee in the US is $34. (Source.) Dipping below a zero balance can sometimes lead to hundreds of dollars in cascading ...
3
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Will you be charged any NSF fee for a declined online Debit MasterCard or Visa Debit transaction in Canada?
You open a chequing account with a Canadian bank: e.g. Simplii Financial or another bank. They ask if you want overdraft protection; you say "no thank you". They give you a Debit ...
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1
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Do online billpay/banking force NSFs (Not Sufficient Funds) when they can?
When online banking and payment systems first came out, I remember they used to have a lot of issues with giving indicators (visual/email payment confirmation) that a payment was 'locked in', but then ...
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