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Reg CC $100 to $200 Availability Change Date

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Question: 
I have received a call from a compliance sales group that says the first $100 of the held amount changes effective 7/21/2011 to $200.00 I cannot find this regulation change. Does anyone know about this? If so where can I find the change in the regulation.
Answer: 

This change is part of the Dodd-Frank changes.

See page 16 of the following FRB proposal.

http://www.bankersonline.com/topstory/76fedreg/76FR16862.pdf

"IV. Dodd-Frank Act Amendments

A. EFA Act Dollar Amounts

Section 1086 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) amends the EFA Act by increasing from $100 to $200 the amount of deposited funds that banks must make available for withdrawal by opening of business on the next day. The effective date of this provision of the act is the ‘‘designated transfer date,’’ which the Secretary of the Treasury has determined to be July 21, 2011."

First published on BankersOnline.com 12/5/11

First published on 12/05/2011

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