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#1964850 - 09/25/14 08:57 PM Audit of overdrafts and rejected items
Kris1 Offline
New Poster
Joined: Jul 2010
Posts: 8
I would like some information on what to cover within an Overdraft and Rejected Item Review. We don't have a formal Overdraft Policy.

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Audit
#1968644 - 10/09/14 10:00 PM Re: Audit of overdrafts and rejected items Kris1
osoalone Offline
100 Club
Joined: Dec 2003
Posts: 146
Texas
Our overdraft policy is part of our loan policy. Here are some items to view: Determine requirements for overdraft approval, determine procedures for monitoring loan officers lending limits when approving overdrafts, what are the limits for employee overdrafts, review sample of Overdrafts 60 days or longer regardless of the amount.

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