Usacomplaints.com » Business & Finance » Complaint / Review: Regions Bank - Social Security deposits can be protected from NSF charges. #333819

Complaint / Review
Regions Bank
Social Security deposits can be protected from NSF charges

Social security deposit can be nsf proof!
I have had Regions delay my S.S. Direct deposit by up to 5 days causing my account to CASH the debit/checks but add $35.00 per debit/check to pay for extra per transaction.

There is Federal law that protects you if you have direct deposit for your disability income. I have had to use it and makes your account bullet proof from NSF fees. You will have to write them a certified letter with the same information as I pasted below that I sent. It includes the Federal laws quoted. Here is the web page to see the. GOV page your self.
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http://www.socialsecurity. Gov/OP_Home/ssact/title02/0207.htm
Section 207 of the Social Security Act (42 U.S.C. 407)
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THIS IS A COPY OF WHAT I wrote to Regions:
TO: Regions Bank Aug 1
P.O. Box 123
Linton IN. 47441

From: John Q Public

RE: Social Security Checking
Federal Law 207 42 U.S.C. 407
Section 207 of the Social Security Act (42 U.S.C. 407) protects Social Security benefits from assignment.

Sear Sirs.
I am sending this letter Via Certified Mail concerning my checking account routing# 1234567890 account# 12 34 56 7890. Please be advised that as of to day Aug 01 this checking account monies is at current 100% deposited money from Social Security Disability funds and will remain so and is protected from the unfair NSF fees recently imposed on this account from the delayed credit posted to this account from Social Security.

Section 207 of the Social Security Act (42 U.S.C. 407) protects Social Security benefits from assignment of any kind and is not subject to over draft fees.

Section 207 of the Social Security Act 42 U.S.C. 407 provides:
"The right of any person to any future payment under this subchapter shall not be transferable or assignable, at law or in equity, and none of the moneys paid or payable or rights existing under this subchapter shall be subject to execution, levy, attachment, garnishment, or other legal process, or to the operation of any bankruptcy or insolvency law."

Sincerely
John Q Public

: http://www.socialsecurity. Gov/OP_Home/ssact/title02/0207.htm
Section 207 of the Social Security Act (42 U.S.C. 407) protects Social Security benefits from assignment, levy, or garnishment.


Offender: Regions Bank

Country: USA   State: Indiana   City: Linton
Address: 1600 N St

Category: Business & Finance

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