Answer:
You are always permitted to impose an exception hold under ยง229.13(b) for check deposits over $5,000, assuming, of course, that you make the proper notification. The release schedule you describe is appropriate in such a case.
You are always permitted to impose an exception hold under ยง229.13(b) for check deposits over $5,000, assuming, of course, that you make the proper notification. The release schedule you describe is appropriate in such a case.