ATM Funds Availability Signage for Funds Transfer?

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Question:

We no longer accept deposits at our ATMs, so we no longer display "Funds Availability" on the screen. However, would we still need to display Funds Availability to our customers who transfer funds at the ATMs?

Answer:

There is no such requirement because transfers are not considered deposits under Regulation CC, and they don't involve checks in any event.

First published on BankersOnline.com 11/02/09