User:Gford

From TechHelp

CHEXSYSTEMS'

Chexsystems is a reporting agency that maintains a database of the names of people which banks have to sent them. Then, other banks who are members of Chexsystems, will run a check on a new perspective customer to see if that individual has had: frequent account overdrafts… bounce checks… did something banks consider as an “act of fraud” or otherwise have an unpaid balance owed to another bank on a closed account. If your name comes back from that ChexSystems check, it is very likely that bank will deny you from opening a new account with them. For more on this subject including information regarding Chexsystems go now to www.chexsystemssolutions.com

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