Safe Deposit Boxes
This review consists of an in-depth review of all safe box contracts, keys, entry cards, discounts, etc.
What is the Annual Safe Box Audit?
This is the only time option 3 will not be chosen on a business resolution.
What is when the business opens a safe deposit box?
In order for an associate to appear on the appropriate Tab D, he must update this profile.
What is MIR3?
This money must also be verified during a Random Cash Count.
What is bait money?
When Vertex Teller Capture does not read a Loans in Process ticket correctly, and the teller fails to make the manual correction, it will result in this type of exception.
What is a general ledger exception?
This second report is now reviewed at the time of the monthly past due report.
What is the Safe Box Auto-debit Report?
Using a non-descript one of these on the client's CIF record will most likely result in teller CTR errors.
What is the client's occupation?
This is the phone number for the Emergency Notification System which all associates should have in their personal phone contacts.
What is 800-778-5950?
This type of cash count must be performed if an associate is unexpectedly out for more than two consecutive days.
What is a branch-initiated absent audit?
When ID verification is not performed on an newly created CIF, it will result in this type of exception.
What is a Run Penley exception?
The most recent EASE update ensured that these fields populate correctly on revised safe box contracts (previously, the fields would be blank).
What are the Number of Keys and Number of Signers Required fields?
Beneficial owners of a non-profit corporation must provide their personal information if they own this much of the company (or more).
What is zero percent?
If a security camera is not working properly, this form should be completed on the Vault.
What is a Security Equipment Service Request?
When performing a vault cash count, these denominations must be verified using the currency counter.
What are none?
When a business account has a Card Opt-in election of I, it will result in this type of exception.
What is a Reg E exception?
A entry must be logged on this access card anytime a safe box is opened or closed.
What is the Bank-use Access Card?
This additional document is provided to the client if he opens an interest bearing account.
What is the Rate Sheet?
This notification is received when a client's ATM or mobile deposit is outside certain parameters.
What is a RiskXP?
A cash count must be performed on a drawer before and after its use when this type of associate works the drawer.
What is a float associate?
When a funds availability hold is not placed correctly, it will result in this type of exception.
What is a Reg CC exception?
A safe box status will change from Occupied to Drilled after remaining past due for this amount of time.
What is six months?
These three overdraft services are disclosed to your client when he opens his DDA.
What is Deposit-to-Deposit Transfer, Lines of Credit, and Overdraft Privilege?
This question should be asked if the opening associate is taking longer than expected to clear the branch.
What is "How many FedEx packages am I picking up today?"
If the cash count acknowledgment is not completed in a timely manner, the branch manager could get one of these.
What is an Audit Reminder email?
Not receiving a client's homeowner's insurance policy in a timely manner will result in this type of exception.
What is a collateral exception?