07/14/2008
We are thinking about offering E-deposits to customers. The customer would go into the home banking application, enter the amount of the deposit and the check information then physically mail us the paper check. The customer would receive immediate availability on deposits up to a specific limit. Once checks are received (within 5 days) we verify the check information and process the checks normally, but do not post the funds. If the checks are not received in time, we can extend the time requirements. What type of transaction is this considered and which regulation does it follow? Reg D, DD, E or Z? Do we have to provide special disclosures and if so, which ones?
05/26/2008
What is the deadline return time for counterfeit checks?
03/17/2008
Would a counterfeit pen work on a ten dollar bill from 1950?
01/07/2008
If a customer claims that two bills they received from the bank were counterfeit, what are the proper procedures for handling this situation and reporting it accordingly?
11/12/2007
What can a business owner do to protect their business name after a criminal has printed checks drawn off of their business and is trying to negotiate them around town? We caught the check as a fraud and closed the account. Now the customer is concerned with being reported as a company that writes bad checks.
10/22/2007
I’m looking for a flyer or a good source of information that would help our employees recognize counterfeit bills. Any ideas?
10/07/2007
Use of the Category ?Other?
05/14/2007
Are we required to obtain an affidavit from customers if they report a check counterfeit and want it returned?
05/07/2007
Do you have any tips for detecting counterfeit checks?
11/20/2006
Should a SAR be filed for a $5000 counterfeit check? The suspect is not known and we were thinking it should be considered reportable under item d in the SAR instructions rather than not reportable as it falls into item c, is this correct?