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Banks Can Process Transactions In Any Order, 9th Circ. Says

By Jeff Overley (January 3, 2013, 6:11 PM EST) -- The National Bank Act prevents use of California unfair competition law to dictate the order in which financial institutions process customers' transactions, but it doesn't bar consumers from bringing lawsuits arguing they were deceived about such practices, the Ninth Circuit ruled in a published opinion....

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