October 7, 2021
Can a debit card transaction cause an overdraft at settlement if the bank approves it when it happens and sets aside the funds required to settle it? The complaint for this class action alleges that if the bank has set aside the funds for the transaction, its settlement should never result in an overdraft. Yet, it alleges, TD Bank, NA has been charging overdraft (OD) fees on such transactions.
Case Event File: TD Bank Improper Assessment of Overdraft Fees ComplaintRelated to: TD Bank Improper Assessment of Overdraft Fees Class Action