Payment Authorization Dispute Resolution

Summary

Bank liability for unauthorized payments in Tennessee is governed by account terms, the Electronic Fund Transfer Act, and the Tennessee Uniform Commercial Code. Consult a local attorney for personalized advice.

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If I authorize a payment and get to the bank and the money still there and I tell them I change my mind and don't want to purchase and the money disappears from account anyway is bank liable
Hello **** Willis, this situation may depend on the bank's policy and the laws of your location. Could you please tell me where you're located to provide more specific information?
Winchester tn
Hello **** Willis,
In Tennessee, the bank's liability in such cases is typically governed by:
- The terms and conditions of your account
- The Electronic Fund Transfer Act
- Tennessee Uniform Commercial Code
Please review these and consult with a local attorney for personalized advice.