Skip to content
BOL Conferences
Thread Options
#341674 - 04/01/05 03:07 PM Reg Q and Business Accounts
M&M Offline
Platinum Poster
Joined: Nov 2003
Posts: 530
Midwest
Do the $10/$20 bonus limitations under Reg Q apply to non-interest bearing business checking accounts?

Return to Top
Marketing
#341675 - 04/01/05 04:21 PM Re: Reg Q and Business Accounts
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,227
Galveston, TX
Yes
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top
#341676 - 04/01/05 05:46 PM Re: Reg Q and Business Accounts
M&M Offline
Platinum Poster
Joined: Nov 2003
Posts: 530
Midwest
Thanks- I didn't find that clarification in Dave Dickinson's document, and I couldn't find anything about it that specifically referenced business accounts...

Return to Top
#341677 - 04/01/05 06:29 PM Re: Reg Q and Business Accounts
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,227
Galveston, TX
Demand deposits are demand deposits - regardless of the type of holder (consumer/commercial).
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top

Moderator:  Andy_Z, MoneyMaker