; and (B) be imposed in such a way as to evade or frustrate the purpose of limiting the total interest and related costs that may be charged in relation to any lending product issued by covered banks under this Act. (3) Penalties for charging higher rates on retail credit (A) Violation The taking, receiving, reserving, or charging of an annual percentage rate or fee greater than that permitted by paragraph (1), when knowingly done, shall be a violation of this subsection, and a forfeiture of the entire interest which the note, bill, or other evidence of the obligation carries with it, or which has been agreed to be paid thereon. (B) Refund of interest amounts (i) In general With respect to a person charging interest, a finance charge, or a fee greater than that permitted by paragraph (1), the person paying such interest, finance charge, or fee may notify the Bureau of Consumer Financial Protection, and the Bureau of Consumer Financial Protection shall take such enforcement actions as the Director of the Bureau of Consumer Financial Protection determines appropriate. (ii) Lack of Bureau action If a person notifies the Bureau of Consumer Financial Protection under clause (i), and the Bureau of Consumer Financial Protection takes no action with respect to such notice during the 60-day period following such notice, such person may bring an action in a Federal district court to recover the entire amount of interest, finance charges, or fees paid. (C) Civil liability Any creditor who violates this subsection shall be subject to the provisions of section 130(a) of the Truth in Lending Act ( 15 U.S.C. 1640(a) ). (D) Bank Secrecy Act In establishing and maintaining personal accounts, each covered bank shall comply with— (i) section 21 of the Federal Deposit Insurance Act ( 12 U.S.C. 1829b ); (ii) section 123 of Public Law 91–508