I know this question must have been asked before, but I am unable to find what I am looking for, so please forgive me...
Have a deposit for $20,000 with multiple checks. One check is a cashiers check, other checks are non-next day items.
Cashier check = $4,000, other 3 checks = $16,000 total. We placed an exception hold for large dollar deposit.
How should the funds be held and how much should be provided to the customer next day?
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