The CFPB said in the agreement referral that bank executives ordered employees to orally present the debit card advance as a free service „while minimizing fees and disclosures related to the service.“ TD Bank marketed the product as a feature that ships with all new consumer current accounts, „not as an option that new customers must choose.“ The approval by-law states that from 2014 to 2018, TD Bank did not have to obtain customer approval or opt-in for its overdraft policy in branches and off-site events. TD Bank agreed to pay $97 million in customer refunds and a fine of $US 25 million in a transaction with the Consumer Financial Protection Bureau, which Cherry Hill, N.J., Bank, deceptively collected overdraft fees for certain ATM and single debit card transactions. TD Bank, the $383 billion U.S. wealthy bank. .
