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#1529602 - 03/31/11 04:55 PM llHold on Cashier's check
Southern gal Offline
Platinum Poster
Joined: Mar 2008
Posts: 504
TN
Can a large dollar exception hold be placed on bank cashier's checks? Our internal procedures list these as a 'low" risk next day available item?

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Operations Compliance
#1529688 - 03/31/11 05:54 PM Re: llHold on Cashier's check Southern gal
Pup Offline
Power Poster
Pup
Joined: Sep 2003
Posts: 5,045
Pedaling along a scenic highwa...
Yes.

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#1529693 - 03/31/11 05:55 PM Re: llHold on Cashier's check Southern gal
Y'all Comply Offline
100 Club
Y'all Comply
Joined: Aug 2010
Posts: 214
Land of Pears
You can place a hold on the amount over $5000; the first $5000 is subject to next day availability.
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