03/21/2021
What technology exists to manage documents for deposit accounts?
10/18/2020
Can a customer have a personal account and name an irrevocable trust as a POD?
09/06/2020
Our institution is based in Missouri, but we offer an online savings account. We are wondering about what state laws we use for charging dormant/inactive fees to accounts? Missouri Law is that once an account is inactive/dormant for twelve months we can charge a fee up to $5.00 a month. Then after five years of inactivity, the account is considered abandoned and will need to be sent to the State Unclaimed Property department. If a customer from different states opens accounts online with us, do we abide by Missouri Law or the state law which they reside in?
08/02/2020
What is the age a minor can have signing authority on a checking or savings account without a parent or guardian on the account with them? This would be mainly for the state of Missouri.
04/19/2020
Aren’t all rules for ACH transactions covered in the NACHA Operating Rules and Guidelines?
12/01/2019
Does a publicly traded company need to have a CIP filled out for the company and the signers?
08/25/2019
I have a customer who wants to set up a benefit account for funereal expenses for a deceased daughter. I know they need to get a TIN but what
else would I need for documentation?
06/02/2019
What is a W-8BENE?
01/06/2019
If an account is negative do you have the right to set off? For example: if a customer owes for a safe deposit and the payment is due, we take the payment out on a Wednesday knowing they will have a direct deposit on Friday.
08/12/2018
Mutilating the MICR line of a check doesn't help in the Check 21 environment. So what do we do to prevent a stopped check from being presented again?
