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Can You Place a Reg CC Hold on a Savings Bond?

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Question: 
Can you place a Reg CC hold on a Savings Bond?
Answer: 

You cannot deposit a Saving Bonds into a transaction account. A Savings Bond is either eligible to be cashed or it is not. Once it is cashed, then the cash can be deposited to a transaction account and of course, would not be subject to a Reg CC hold.

First published on 01/10/2021

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