Most Popular Operations Content
Using personal accounts for business purposes is a big NO!
05/20/2018
My customer wants to open a personal account to run a small business, is this acceptable?
Fewer return items notices
05/20/2018
Has the Fed eliminated the $2,500 return item notice?
Relying on bank resolution forms
05/20/2018
On accounts we open for corporations, we used to ask for a resolution and an excerpt from the minutes of the meeting where the resolution was adopted appointing authorized signers. We are now thinking we will just have the person who comes in sign our system-generated resolution form. Is this okay?
CIP recordkeeping with paper
05/20/2018
What are some common issues with a paper-only approach to CIP recordkeeping?
Avoid Paying Twice on Cashier’s Check
05/20/2018
We made a car loan and sent a cashier’s check to pay off the prior lender. The cashier’s check got lost. Can we go ahead and replace it?
