In the last issue of BANKERS' HOTLINE we talked about using more than just a signature card to open a new account.
How can we "send money" without mailing a check? We are used to our ATMs, and we've all grown used to "instant cash" when we need it.
By now, you are already experiencing one of the most complicated of the new government requirements-that of the new 4789 described on the front page of this newsletter.You may have also already had
I just read an article in the AMERICAN BANKER that said that Regulation CC had "little to no impact", according to a poll done by Trans Data Corporation.
"But I KNOW I made the deposit in time!"
"The new computer conversion will solve all our computer problems!"
"Hi! I'm from the government, and I'm here to help you!"