If a client makes a claim that the ATM did not deposit either cash or a check in the correct amount, however does not recall the amount of the cash or check, what should our bank do if the investigation goes beyond 10 business days when provisional credit would be owed?
Can a hold be placed on a savings account due to the customers excessive overdrafts on their checking account? Would this be a Reg CC violation?
Our customer received a check for retroactive benefits from the VA. Will those funds be protected by the Garnishment Rule when they are deposited?
Are IRS levies covered by the Treasury Department’s Garnishment Rule?
Which customer accounts are covered by the Garnishment Rule?
A customer presents a cash deposit at the teller counter in the amount of $10,000. The teller counts the deposit and discovers it to be $100 over. The customer is made aware and requests the teller to give back the $100. Does this qualify for a CTR since it was handled by the teller while counting the large cash deposit or is it a simple mistake by the customer? We are also considering a SAR for possible structuring by the customer.
Are all federal payments by ACH covered by Treasury’s Garnishment Rule?
Do we have to disclose the actual MAPR to all borrowers?
When filing a CTR on a business, and only one account signer made the deposit, is it required to get the information on the other signers that were not present to file the CTR?
When opening an UTMA account can the funds be placed in a Certificate of deposit?