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Is there a maximum fee a bank can charge for returned checks or overdrafts?

April 26, 2017Bank charge checks fee maximum overdrafts RETURNED

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Is there a maximum fee a bank can charge for returned checks or overdrafts?

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In Colorado, there is no limit on the amount a bank or merchant can charge for returned checks or overdrafts. Banks are required to provide a fee schedule to customers when new accounts are opened, which specifies the fee amounts that may be charged.