Woodforest bank return mail fee

Woodforest National Bank, a subsidiary of Woodforest Financial Group, Inc., charges a return mail fee for certain types of returned mail. The fee is typically $10 to $15 per item, depending on the type of item and the reason for the return.

Here are some common scenarios where Woodforest National Bank may charge a return mail fee:

1. NSF (Non-Sufficient Funds) checks: If a check is returned due to insufficient funds, Woodforest National Bank may charge a return mail fee of $10 to $15.
2. Stop Payment: If a customer requests a stop payment on a check, and the check is returned to the bank, a return mail fee may be charged.
3. Returned Deposits: If a deposit is returned due to insufficient funds or other reasons, a return mail fee may be charged.
4. Returned Payments: If a payment, such as a mortgage or loan payment, is returned due to insufficient funds or other reasons, a return mail fee may be charged.

It's essential to note that the return mail fee is separate from any NSF fees or other charges associated with the returned item. The return mail fee is typically waived if the customer provides a valid reason for the return or if the bank makes an error.

If you're unsure about the return mail fee associated with a specific item, I recommend contacting Woodforest National Bank directly to inquire about their policies and fees.