Legal Question in Banking Law in Pennsylvania

bank made mistake with currency exchange, do they have the right to take the money out of a checking account?


Asked on 6/29/10, 10:27 am

1 Answer from Attorneys
Rachel Hunter

Yes. The bank has a right of set off unless you make other arrangements to reimburse the bank, even if they are the ones who made the mistake. The banks make the rules.

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Answered on 6/29/10, 1:57 pm


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