What is the estimated range for the Insufficient Funds Fee charged to Epcon Communities franchisees?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Insufficient Funds Fee | If we choose to charge a fee, we estimate it will be $25 to $100 per occurrence. Fees charged by banks vary from bank to bank. | Immediately upon billing. | We may electronically withdraw from your bank account (EFT) any fees owed by you to us. If your bank does not honor any EFT, you must pay any service charges imposed by us and/or your bank. |
Source: Item 6 — OTHER FEES (FDD pages 16–22)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, if Epcon Communities chooses to charge an insufficient funds fee, it is estimated to be between $25 to $100 per occurrence. This fee is charged when a franchisee's bank does not honor an electronic funds transfer (EFT) for payments owed to Epcon Communities.
This fee covers service charges imposed by Epcon Communities and/or the franchisee's bank due to the dishonored EFT. Epcon Communities may electronically withdraw fees owed from the franchisee's bank account.
It is important for prospective Epcon Communities franchisees to maintain sufficient funds in their accounts to avoid these fees. Franchisees should also be aware that bank fees can vary, so understanding their bank's policies on dishonored EFTs is crucial. This fee is payable immediately upon billing.