Customer brings in three cashier checks for $7,500 each. I give $5000 availability on each check and not the total deposit of $22,500 right?
"Sections 229.10(c) and 229.12 do not apply to the aggregate amount of deposits by one or more checks to the extent that the aggregate amount is in excess of $5,000 on any one banking. day"
brain [censored] Friday