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« My bank no longer pays interest on my money market account because I wrote too many checks. Can it do this?

The bank paid a check from my account that was for the wrong amount. The bank stated that I waited too long to report the loss. How long is too long? »

I closed an interest bearing account I had with my bank, but the bank did not pay me all the accrued interest that should have be due. Can they do this?

If you closed the account before the bank credited accrued interest, generally that interest is not paid out, this is known as forfeiture of interest. However, the bank must disclose this policy in the account agreement you received when you opened the account. Review your account agreement to verify your banks policy.

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I closed an interest bearing account I had with my bank, but the bank did not pay me all the accrued interest that should have be due. Can they do this?

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