Published 2 years ago

PNC eliminates non-sufficient fund fees

Summary by Ground News

A non-sufficient fund fee occurs when a payment transaction is returned due to insufficient funds. An overdraft fee is charged when the bank completes the transaction by covering the dollar amount of the shortage, resulting in a negative account balance. "Eliminating NSF fees on consumer deposit accounts is just another way we are helping our customers strengthen their financial wellness," says PNC's head of retail banking.

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CBS News

PNC Bank to eliminate non-sufficient fund fees

The move is a follow-up to the launch of PNC's "Low-Cash Mode" alerts.

2 years ago

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WTAE

PNC eliminates non-sufficient fund fees

PNC Bank said Thursday that it will no longer charge any consumer deposit account customers non-sufficient fund fees.

2 years ago·Pittsburgh, United States

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bankingdive.com

PNC eliminates NSF fees

The Pittsburgh lender in April 2021 began curtailing the penalty for customers of its Virtual Wallet tool and is now extending that policy across its user base.

2 years ago

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