Are we out of compliance when an IRA account holder dies and we go ahead and internally move the IRA funds into Beneficiary IRA accounts for the beneficiaries before they come in to make their Beneficiary Elections? Are we obligated to continue interest accrual on those funds or should the interest accrual stop at the death of the IRA account holder?
What are the benefits of digitizing paper-based processes?
Is it possible to system generate pre-approved letters?
If a customer stops payment on a personal money order purchase from the bank and it never comes through for payment, do they get their money back and if so, when?
Do most banks require an 'Affidavit of Guardianship' in addition to Letters of Guardianship?