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BMO Alto High Yield Savings Account Review (BMO Alto Pros And Cons)Such negative activities that show up on your report and hurt your approval chances include bouncing checks, leaving an overdraft balance unpaid, abusing a. When you apply for a bank account, many banks check for a ChexSystems record. This shows if you have a history of unpaid bank fees or. Unfortunately, your account application has been declined. If you believe you have entered information incorrectly, we invite you to re-apply.