When a state or federal agency asks for permission to verify the amounts you have in your checking and savings accounts in order to determine if a person qualifies for state or federal assistance, what information does the bank send the agency?
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The information released will depend on what is asked for by the agency. Typically, such requests ask for the balance in the account, and may ask for the highest balance in the last XX months. In some cases, it's possible that the request will ask for more information. The program requirements vary widely from agency to agency and state to state that more specific information cannot be given here.
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The information released will depend on what is asked for by the agency. Typically, such requests ask for the balance in the account, and may ask for the highest balance in the last XX months. In some cases, it's possible that the request will ask for more information. The program requirements vary widely from agency to agency and state to state that more specific information cannot be given here.
