Foreign Currency
Who can order Foreign Currency?
Customers with a deposit account.
Can we use a PO Box as a profile address for a Trust?
NO
What document do we need in order to open an Estate Account?
Estate document from a probate court signed by a judge, clerk or court official
What are the daily and monthly limits for New Personal account?
$2,500 Daily
$5,000 Monthly
What is the shipping/transaction fee for foreign currency?
$15
What are the maximum characters for a first and last name of the trust?
First Name: 14 characters
Last Name: 20 characters
If the document names only a commissioner can we use the document to open an Estate Acct
NO
What are the daily and monthly limits for Tenured Personal account?
$10,000 Daily
$20,000 Monthly
What program is used to order foreign currency
HAWC
What 2 types of documents can we use to open a Trust?
Full Trust Agreement
Certification of Trust
What type of title needs to be present to show who can conduct transactions on the account?
Executor
Administrator
Personal Representative
What are the daily and monthly limits for New Business account?
$10,000 Daily
$20,000 Monthly
What is the most US equivalent cash value that can be shipped out in a single FedEx envelope?
$5,000
Name two things that if in the title of the Full Trust must be in the Title on ESS. (Other than the trust name)
Date
Revocability (Revocable or Non-Revocable)
Who must be present for account opening?
All authorized signers
What are the daily and monthly limits for Tenured Business account?
$20,000 Daily
$40,000 Monthly
What is the daily US cash limit for foreign currency?
$20,000
What are the requirements for a full trust document to be vaild?
Notarized, Statement that trust exists, Date of creation, Identity of Guarantor/Settleor, Name and address of Trustee, Revocable or Non-Revocable, Title of Trust, Statement that trust has not been revoked
Can we use a probate document to open an Estate account if it is over 12 months old?
Yes, if we verify the Estate is still open and active
Name 4 types of checks that cannot be deposits via mobile deposit
Travelers Checks
Savings Bonds
Money Orders
Payable to another person
Some cashiers checks
Checks not in their original form