REmote Deposit Capture Carry Extra Bank Insurance

Posted By: GoGreen

REmote Deposit Capture Carry Extra Bank Insurance - 06/24/09 01:04 PM

Does anyone carry extra liability insurance on RDC?

I read that the Examiners are questioning if the Bank carries this type of insurance and may enter that issue into the examine report.
Posted By: Ready to Retire

Re: REmote Deposit Capture Carry Extra Bank Insurance - 06/24/09 07:53 PM

That's scary. To my knowledge we have no such thing. And why would we need it? Because of increased risk?
Posted By: GoGreen

Re: REmote Deposit Capture Carry Extra Bank Insurance - 06/25/09 02:52 PM

Yes, because of the "risk".
Posted By: Ready to Retire

Re: REmote Deposit Capture Carry Extra Bank Insurance - 06/26/09 12:45 PM

Who are you examined by? OCC?