My bank gives funds availability sooner than required therefore we use case-by-case holds in addition to the exception holds. Does the $100 rule apply to case-by-case holds? Do we have to give $100 of non next day items? For example, customer brings in a $265 non-local check that is also a 2 party check. Do we have to give $100 next day and only hold $165 until the 5th business day?
Opinions are mine and subject to change frequently