Most Popular Security Content
Right to Cancel on 'Abundance of Caution' Mortgage
08/15/2005
Is a right to cancel required when an 'abundance of caution' mortgage is taken on a personal residence? This is when the loan is clearly for personal, not business, purposes.
Using Courier to Transport Cash
08/15/2005
We want our courier (an ex-sheriff) to be able to transport cash between offices. Is there any reason he cannot via Regs? Will we have to have approval from our bank bonding co. or how is that handled?
SARs. What Constitutes Suspect Identification?
08/15/2005
I understand a SAR is required when there are violations aggregating $5,000 or more and a suspect can be identified. What constitutes suspect identification? If the customer thinks but is not sure someone committed the fraud would that be considered suspect identification? What about family fraud situations where a customer thinks their son/daughter used the credit card without authorization?
Reg for Cash Vaults & Night Deposit Bags
08/15/2005
Is there a regulation that states that opening the cash vault and night deposit bags must be done under dual control?
Checking Insurance Clients Against the OFAC List
08/15/2005
Our bank operates an insurance agency. Do we have to check these clients against the OFAC list? We merely write policies and forward premium checks on to the larger insurance providers.