Paperless Certificate of deposit

Posted By: Overboard

Paperless Certificate of deposit - 08/23/07 08:21 PM

Can somebody tell me what other than the TIS disclosure has to be given out with the paperless Certificates? Is there guidance on this somewhere? Does there have to be a signature card or is just the receipt suffcient? Is there anyone out there that has procedures? Help please.
Posted By: ahou

Re: Paperless Certificate of deposit - 08/23/07 09:43 PM

We do a signature card.
Posted By: glickstr

Re: Paperless Certificate of deposit - 09/07/07 03:56 PM

We use a certificate receipt and the TIS disclosure. We also do a CIP form. We do not have the customer sign the documents.
Posted By: BrendaC

Re: Paperless Certificate of deposit - 09/07/07 08:22 PM

We use a receipt form, a signature card and a TISA (for consumers). All owners and authorized signers must sign the signature card.