Bank of America fined for junk fees, opening accounts without authorization, CFPB says By Theresa Seiger, Cox Media Group National Content Desk July 11, 2023 at 10:10 am EDT ...

Federal regulators said Tuesday they found that Bank of America harmed customers by double-dipping on fees, withholding credit card rewards and opening fake accounts, all of which are violations ...

Congress's purpose in enacting such a requirement was to prevent individuals and organizations who are on a terrorist watch list from opening bank accounts. Section 326 is not authorization from ...