We just opened an account for a customer for political campaign. Is a bank allowed to give a debit card to a political campaign account?
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.
If a trust account is opened and is not specified to be revocable or irrevocable, does that automatically make it revocable?