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Denise P
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Denise P asked in Business & FinanceOther - Business & Finance · 1 decade ago

EFT on closed acount?

If you have an EFT coming out of an account and you close that account, what recourse does the company have to retrieve its money?

1 Answer

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  • Anonymous
    1 decade ago
    Favorite Answer

    If you don't cancel the transaction or make other arrangements for payment, it could be the same as writing a bad check.

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