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#716955 - 04/16/07 07:25 PM Regulation CC
taknleavofmysenses Offline
100 Club
Joined: Nov 2005
Posts: 183
USA
Would it be acceptable to shorten the funds availability for one particular customer or would this be criticized by the examiners?

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#716973 - 04/16/07 07:39 PM Re: Regulation CC taknleavofmysenses
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
You are permitted to make exceptions to your regular funds availability policy. Your disclosure is required to reflect the policy you impose in most cases. Comment 1 to section 229.16(a) indicates that you may provide availability sooner in some cases.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8

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