"This whole RDC thing, the regulatory fixation on "the lost information," fascinates me"
Well, IMHO there are a couple of things that may contribute to an environment of lesser control than with over the counter deposits. First, a teller has no opportunity to flip though the deposit for a cursury review as most banks require and also, branch personnel get to know customers that show up "every day" and the content of their deposits, especially a new customer would more likely to be reviewed. This still remains a valuable resource for the indentification of potential kites. Second, depending on the sophistication of the bank's RDC software and processing, many RDC deposits by-pass the typical kiting analysis software.
So the focus on "lost information" may be legitimate depending on the individual bank's processes. I am not suggesting that "real-time" monitoring consists of physically looking at each deposit.
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