Bank is presented with three non-next day checks totaling $14676, the largest item is for $11,990 and the other two are smaller, $2,000 and 686. Bank wants to hold funds on the large item in the this deposit only. So since $2686 of this deposit is technically available to them the next business day, can we make the first $5,000 available on the 2nd business day and the remainder of $6990 available on the 7th business day? Or does the $2686 not play into the availability at all? In other words, do we still have to give $200 next day of the funds actually being held, $4800 second day and remainder on 7th day? Thanks for any help.

You can aggregate the checks and you can always be more 'generous' than the regulation allows as long as you're not more restrictive.

I would aggregate the deposits, give the $2,686 the next day, give $2,314 the second business day (totaling the first $5,000 that has to be made available by that time, and hold the remaining $9,676 until the 7th day (presuming your funds availability policy allows exception holds).

Thanks for the reply Doug.

So if the employee handling this transaction did it this way, its not technically wrong, since its more generous to the customer?

$2686 next business day, $5,000 available on the 2nd business day and the remainder of $6990 available 7th business day.

Yes....it's ok to give the customer more than the $200 required in the regulation.

You have already provided the customer with $2686 of the first $5000. So all you need to make available on the 2nd business day would be $2314. You can hold $9676 until the 7th business day.