Does there always have to be a written authorization for an ACH transaction affecting a consumer’s account?
How long do we have to return an unauthorized ACH debit entry?
When do we check aggregated or multiple transactions?
On an IOLTA do we record the owners of the funds or the attorneys on cash transactions on a CTR?
If we have a customer have a private ATM withdrawal put them over $10,000 do we complete a CTR?
Can fair lending violations be expensive?
Do you put your bank’s general ledger account number on a CTR?
One of our consumer customers overdrew her account and we returned the check unpaid. The payee converted it to a re-presented check (RCK) ACH entry that we paid. Our customer claims the ACH entry wasn’t authorized. Should we handle her claim as a Regulation E error claim?
Do you have to put an account number affected when cashing a CTR?
Would a CTR be required if several individual employees endorsed their respective payroll checks (all individual payroll checks are under $10,000 but combined they aggregate to an amount that exceeds $10,000), and made the checks payable to one employee who, in turn, cashed them at a financial institution for the purpose of distributing the proceeds back to the individual employees?