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#1355256 - 03/10/10 06:26 PM REG Z Feb 22 changes
sunnyflowers Offline
100 Club
Joined: Feb 2009
Posts: 150
North Carolina
I was going back over to make sure had everything covered.....which I think we are, as we have 5:00 cutoffs and we have message on our statements that pmts received after close of business day shall be deemed received on the following business day.......but my question is, what about Saturday? We are opened for business on Saturday, 9-12, but of course, nothing is posted until Monday, is this in compliance. I apologize if this may have been addressed before. confused

Thanks!

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#1355655 - 03/11/10 02:36 PM Re: REG Z Feb 22 changes sunnyflowers
Phoenix Offline
Platinum Poster
Phoenix
Joined: May 2003
Posts: 832
southeast
If you allow accounts to be opened on Saturdays, then any payments received in those branches should be posted that same day.
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