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#2267432 - 03/10/22 02:21 PM Foreign ATM Deposit Holds
Mountaineers_Fan Offline
100 Club
Joined: Jun 2018
Posts: 100
Good morning everyone. I'm not a Reg CC expert and trying to validate some information but I'm having some trouble finding it. The BOL Reg CC Summary Chart shows that if we have a check deposited in a foreign ATM we can hold it for 11 days. The same goes for reason to doubt collectability in a foreign ATM.
BOL Reg CC Summary Chart 7-1-2020

Can anyone point me in the right direction to where the 11 days comes from?

Thank you.
Last edited by Mountaineers_Fan; 03/10/22 02:22 PM.
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#2267453 - 03/10/22 03:55 PM Re: Foreign ATM Deposit Holds Mountaineers_Fan
Mountaineers_Fan Offline
100 Club
Joined: Jun 2018
Posts: 100
I think I've got it now. 5 days for a deposit at a nonproprietary ATM (229.12(f)) plus an additional 6 days for the availability of deposits subject to exceptions (229.13(h)).

My next question is, if we have a large dollar deposit made at a non proprietary ATM and we hold it for 11 days do we still have to make $5,525 available as we normally would a large dollar deposit?

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