{Tech Fin}

Bank Of America has recently come up to an end for over draft fees on debit purchases even though overdraft fee has been one of the major source of revenue to the back. According to the back this decision was made up on the objectives of customer not to overload their financial crisis.
The bank defends themselves on new federal law that requires customer's permission before providing overdraft services. Though, the bank accepts the overdraft service on checks and automatic account debit services on the interest of their customer, many financial analyst believes that this law as a big deal.