Most Popular Compliance Content
SVPCo's Distributed Traffic Agent -- VECOTRsgi
02/16/2004
Our bank is committed to moving into image exchange, but we're not sure how to implement it. Do we have options?
Counting Rescission Days
02/16/2004
We are closed on Thursdays. Do we count that day as a business day for purposes of the right of rescission three business day waiting period?
Signature on Adverse Action Notice
02/09/2004
I have reviewed Regulation B to see if and Adverse Action Notice requires a signature on the document to meet the requirements of compliance and auditors. We do put our bank information, address and phone #, but the partiy that completes them has not being signing the form.
CTR When Cashing Checks for Others
02/09/2004
With regard to the multiple person section of the CTR, is it necessary to file a CTR for an indivudal who presents with checks to cash for others, when no single check is in excess of the requirement, but the aggregation is? Does it make any difference if the person transmitting the funds on behalf of others is employed by the check factor or buyer?
Board Approval of Policies
02/09/2004
Does the board have to approve all written policies?