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

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Question: 
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?
Answer: 

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

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