Commercial Business Systems
10Nov/23Off

Regarding NSF Fees For Re-Presented Items

Since charging multiple non-sufficient funds (NSF) fees for the same item could potentially cause compliance issues for credit unions, we are making some programming changes to help identify, track and mitigate these risks.

We will be creating a daily report that shows draft and ACH re-presented items that were previously charged but not charged an NSF fee that day.

We are in the beginning stages of programming and testing these changes but wanted to notify everyone that we are trying to help with this situation.

If you have any questions regarding the contents of this post, please contact CBS Support using our ticketing system (CTT).

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