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Checks and Balances: Doing Overdraft Protection Coverage the Right Way ( January 2005 )
<p>Characterized by the Comptroller of the Currency in September, 2003 as an "accident waiting to happen," bounce protection (the service by which a bank <i>chooses</i> to pay a transaction account customer's NSF item and assess an overdraft fee for this prompt repayment obligation) has become subject to considerable bank regulatory and customer scrutiny.
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