We recently had a CD held by a Revocable Trust where the Grantor/Co-Trustee died. The other trustee came in and asked to redeem the CD early due to death. We waived the early redemption penalty due to death, but asked ourselves, is this a regulatory requirement or a courtesy, particularly in this case because a Trust doesn't "die".
What are the tradeoffs between self-service reporting systems and emailed reports?
Should OFAC checks be run on a minor?
How does an esign integration work with a bank document management system?
What is needed for CIP on a benefit or tragedy account?