April 8, 2022
The Bank of Guam charges a non-sufficient funds (NSF) fee when an item is presented for payment and the respective account does not have the funds to cover it. But if the merchant presents the item again, does it have the right to charge the customer a second NSF fee? The complaint for this class action alleges that the bank’s agreements with customers does not permit this.
Case Event File: Bank of Guam Multiple NSF Fees on a Single Item ComplaintRelated to: Bank of Guam Multiple NSF Fees on a Single Item Class Action