fbpx

BBVA USA Overdraft Disclosures Violate Reg E California Complaint

December 4, 2020

The Federal Reserve has set forth Regulation E, which requires that banks and other institutions must make certain disclosures in a stand-alone document and obtain the consent of the consumer before they charge that consumer overdraft fees on one-time debit and ATM transactions. The complaint for this transaction alleges that BBVA USA violates Reg E as well as California law with its disclosures of its overdraft program, as set forth in its document “What You Need to Know About Overdrafts and Overdraft Fees.”

Case Event File: BBVA USA Overdraft Disclosures Violate Reg E California Complaint

Related to: BBVA USA Overdraft Disclosures Violate Reg E California Class Action