Who Can Sign? (Official Checks)
Only ____ employees may sign official checks.
Authorized
Individuals who prepare and issue official checks should ___ be responsible for reconciling the checks.
NOT
Two employees should open the night depository daily; at least one of the two should be _________ level.
Management
Any hold bags not picked up by the end of the day should be secured where?
Night Drop
New employees may be authorized to sign checks after __ days of employment.
90 days
The teller system will generate a ______ for each check
Number
If the night depository is opened prior to the branch opening time, it should be checked _____ for additional deposits once the facility has opened.
Again, another time, once more, etc.
What designation should be recorded on the applicable logs when a bag is held/not picked up?
Double points: On which two logs should this be documented?
RTV/Returned to vault
BONUS: Night Deposit Log & Customer Drop-Off/Pick-Up Log.
Checks over this amount require two signatures.
$10,000
The credit copy of the check is called a ______ ticket.
Virtual
The owner of each bag and the bag _____ (if designated) should be noted on the log.
Double Points: Envelopes deposited should be _______ and listed on the log.
Number
Bonus: Numbered
Deposit exceptions should be documented on the deposit ticket as well as on the ___ _____ log.
Night Deposit Log
For official checks above the dual-signature limit, at least one of the employees signing must be ____ ____ level or above.
Senior teller or above
Manual check stock maintained by the branches should be secured in a ____.
Double Points: Additional stock can be ordered through ____ ____.
Safe/Vault
Bonus: Commercial Services.
Loose items and containers other than the regular bags or envelopes should be described on the log. It should be noted whether a container is ______ or ______.
Locked/Sealed
Any deposit exceptions should be ______ by a second person.
Double Points: Both supervisory personnel and the customer should be involved in the resolution of differences greater than $___.
Verified/approved
BONUS: $50
What form must be completed to add a new employee to the official check signer list?
Cashiers Check Authorization Form
Voided checks should be marked as ____ and sent to the ____ department.
Void; Fraud/Ops
Bags/envelopes should be assigned to a particular teller who is then responsible for the bag/envelope and its contents. Any ______ of custody should be documented on the log.
Transfer
When a bag containing cash has been held overnight, what must be done on the Night Deposit Log when removing bags the next morning?
Bags need Re-recorded/noted