FDIC Rescinds Supervisory Guidance on Multiple Re-Presentment NSF Fees
Summary
The FDIC has rescinded Financial Institution Letter FIL-32-2023, which described the agency's supervisory approach for FDIC-supervised institutions that assess multiple non-sufficient funds (NSF) fees arising from the re-presentment of the same unpaid transaction. The rescission is effective immediately. This action applies to all FDIC-supervised financial institutions.
“The FDIC is rescinding FIL-32-2023 effective immediately.”
What changed
FDIC is rescinding FIL-32-2023, originally issued June 16, 2023, which provided the FDIC's supervisory approach relating to institutions assessing multiple NSF fees from the same transaction after an initial return due to insufficient funds. The FDIC cites no reason for the rescission in this document.
FDIC-supervised institutions that previously structured their NSF fee practices around FIL-32-2023 should review those practices in light of the guidance's removal. With the prior supervisory framework eliminated, institutions may have greater discretion in setting multiple fee policies for re-presented items, though state law and other applicable regulations may still govern fee practices.
Archived snapshot
Apr 20, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Financial Institution Letter: FDIC Rescinds Supervisory Guidance on Multiple Re-Presentment NSF Fees
FDIC Subscriptions sent this bulletin at 04/10/2026 12:04 PM EDT
| # FINANCIAL INSTITUTION LETTER | APRIL 10, 2026 |
| # FDIC Rescinds Supervisory Guidance on Multiple Re-Presentment NSF Fees |
| ## Summary:
On June 16, 2023, the FDIC issued a Financial Institution Letter (FIL-32-2023) titled FDIC Clarifying Supervisory Approach Regarding Supervisory Guidance on Multiple Re-Presentment NSF Fees. This guidance described the FDIC’s supervisory approach relating to supervised institutions assessing multiple non-sufficient funds (NSF) fees arising from the re-presentment of the same unpaid transaction. The FDIC is rescinding FIL-32-2023 effective immediately. |
| ## Statement of Applicability:
This Financial Institution Letter (FIL) applies to all FDIC-supervised financial institutions. |
| ## Distribution:
FDIC-Supervised Institutions |
| Read the FIL |
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| # FINANCIAL INSTITUTION LETTER | APRIL 10, 2026 | # FDIC Rescinds Supervisory Guidance on Multiple Re-Presentment NSF Fees | ## Summary:
On June 16, 2023, the FDIC issued a Financial Institution Letter (FIL-32-2023) titled FDIC Clarifying Supervisory Approach Regarding Supervisory Guidance on Multiple Re-Presentment NSF Fees. This guidance described the FDIC’s supervisory approach relating to supervised institutions assessing multiple non-sufficient funds (NSF) fees arising from the re-presentment of the same unpaid transaction. The FDIC is rescinding FIL-32-2023 effective immediately. | ## Statement of Applicability:
This Financial Institution Letter (FIL) applies to all FDIC-supervised financial institutions. | ## Distribution:
FDIC-Supervised Institutions | Read the FIL |
| ## Summary:
On June 16, 2023, the FDIC issued a Financial Institution Letter (FIL-32-2023) titled FDIC Clarifying Supervisory Approach Regarding Supervisory Guidance on Multiple Re-Presentment NSF Fees. This guidance described the FDIC’s supervisory approach relating to supervised institutions assessing multiple non-sufficient funds (NSF) fees arising from the re-presentment of the same unpaid transaction. The FDIC is rescinding FIL-32-2023 effective immediately. |
| ## Statement of Applicability:
This Financial Institution Letter (FIL) applies to all FDIC-supervised financial institutions. |
| ## Distribution:
FDIC-Supervised Institutions |
| Questions for FDIC? Contact Us
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