Skip to content

Case by Case Hold on the First $5,000?

Answered by: 

When placing a large deposit hold on an amount that exceeds $5,000, are we required to place a case by case hold on the first $5,000?

You are not required to place a case-by-case hold on the first $5,000, but you are permitted to do so, but you must make $200 of that first $5,000 available next business day.

First published on 10/20/2019

Filed under: 
Filed under compliance as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics