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BankersOnline.com BOL Vendor Gurus
03/26/2001
New x9 Standard for Biometric Information Published
03/26/2001
New Standard for Biometric Information Issued
How does the periodic statement apply to stored value cards?
03/19/2001
I am not sure if this is the proper category, but I am trying to find some information regarding stored value cards and Reg. E. In particular, how does the periodic statement requirement apply in this instance? Our holding company has elected to provide electronic statements if a customer purchased a card through the internet; however, if the customer purchases a card at POS, then how does the periodic statement requirement apply? Can "periodic" mean monthly?
Pros and Cons with Buying, Leasing or Renting Office Equipment
03/19/2001
What are the pros and cons with buying, leasing or renting office equipment? Is there some rule of thumb or formula that could help us determine which course of action would be best for our bank?
For legal purposes, are imaged checks equivalent to the original check?
03/19/2001
One question that has come up quite a bit in our bank, and we haven't found an answer, is what happens if we only retain the image copies of our customer's checks and the customer gets audited by the IRS and needs copies of some of them to prove certain payments? Will the image copies be acceptable to the IRS in lieu of the originals? Can you point me to any law, regulation, etc. on this?