A client has a check made out to his trust. He endorsed it to himself and deposited it into his personal account. He has more than sufficient cash and credit to support the amount if a bad endorsement was claimed and we have no issue giving him credit. Are we at any increased risk by depositing that check?
What are the pros and cons of a centralized imaging strategy?
Can a customer have a personal account and name an irrevocable trust as a POD?
Can you list a payable on death beneficiary on a Trust account? If so, what is the point of putting your accounts in a trust?
If VISA requires a customer letter to file a chargeback for an unauthorized and we do not receive it, can we deny the cardholder’s claim?