Reg E Dispute reverse provisional credit


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    When the investigation of a reg e dispute results in a reverse to the provisional credit, the bank may not charge for an overdraft. Does that prohibition also apply to a daily overdraft fee? The reversal caused the overdraft, so there was no overdraft or NSF item fee. However we have a daily overdraft fee charged when an account is overdrawn 4 consecutive days or more. Does reg E also prohibit the charge of this fee for the 5 days after provisional credit is reversed?

    Brent V

    From Regulation E expert Deb Crawford of Gettechnical, Inc: “Yes, no overdraft fees of any kind.”

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