Hold Harmless Letter Requirement

Summary

Banks may request a hold harmless letter to protect themselves from liability in fraudulent check cases. Whether its your responsibility or the banks to obtain it can depend on specific bank policies and Maryland law. Consulting with a local attorney is recommended for detailed advice.

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My bank did an investigation on a fraudulent check that was deposited into my account. After the investigation they concluded that it was fraudulent and the funds were sent back to the bank that it came from. They want me to acquire a hold harmless letter from that bank in order for me to get my funds from out of the bank. Am I required to get this document from the bank or is my bank responsible for getting this document?
In general, banks may request a hold harmless letter to protect themselves from liability. However, whether it's your responsibility or the bank's to get it can depend on specific bank policies and Maryland law. I suggest consulting with a local attorney for detailed advice.
Thank you!!
You're welcome, ****! If you need further assistance or have more questions about your legal issue, don't hesitate to ask. Remember, it's always best to consult with a local attorney for detailed advice.