After July 2010, bank customers using a debit card had to specifically opt-in to the banks overdraft
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After July 2010, bank customers using a debit card had to specifically opt-in to the bank’s overdraft protection plan. Explain the effect of this regulation on a bank’s noninterest income.
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Before this regulation customers were automatically enrolled in banks overdraft protection p...View the full answer
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Related Book For
Economics of Money Banking and Financial Markets
ISBN: 978-0134733821
12th edition
Authors: Frederic S. Mishkin
Question Posted:
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