CASH CONTROLS
AMOUNT THAT TRIGGERS A CTR?
ANYTHING OVER 10K
consumer regulation for the protection of customers and requires banks to make funds available to customers within a specific time frame.
Reg CC
types of negotiable items that you may find in the branch
If the branch receives a _______, the local Corporate Security Investigator should be notified immediately.
Seizure Warrant
convenience service that we offer to our customers to allow the transfer of funds electronically to other banks, both domestically and internationally.
Wire Transfer
EXAMPLE OF BRANCH CASH SUPPLIES
CASH DRAWERS, VAULT CASH, ATM CASH, FOREIGN CURRENCY, NIGHT DROPS (ANY)
should no longer be utilized by branches to place a hold on an item.
Reasonable Cause
(Frequency) Under dual control, complete the audit of working and reserve supply of negotiable items on the Branch Operations Dashboard.
Quarterly
written command for a witness to appear in court, or an individual or entity to produce information, documentation, or items subject to the matter before the court.
Subpoenas
The cutoff time for International and Domestic Wire Transfers
400pm
LOG FOUND ON BRANCH OPS DASHBOARD AND IS USED TO DOCUMENT THE BAG NUMBER, BAG AMOUNT AND ASSOCIATES INVOLVED.
CURRENCY SHIPMENT LOG
must be made available to the customer if the item being deposited is a cashier's check or government check (for certain hold types).
$5,525
machine Able to Print cards for customers.
Instant Issue
$100 fee charged to customer for this legal process
Garnishment
Place to store wire PIN
on my person
used to document the change in possession of the vault, who verified the vault under dual control, vault combination changed and the reason for the change.
Vault Custodian Log
could be placed on an account if the account has been open for less than 30 days, checks deposited greater than $5,525, checks have been returned against the account previously, repeat overdrafts, or emergency conditions.
Exception Hold
have no value until they are activated on the system.
Gift Cards and Now Cards
account that has certain restrictions in place for withdrawals. The bank limits opening these accounts due to the high liability. If a restricted account is opened and funds are not properly restricted, the bank is responsible for any differences.
Restricted Accounts
CMG Centralized Monitoring Group
The designated vault custodian may keep $25,000 secured outside of the 10-minute time delay. This money must be secured behind the 10-minute time delay at night.
Vault working cash supply
If a hold is removed or reversed, a copy of the hold notice and any documentation should remain in the branch for ___ year and then be sent to offsite storage for 7 years.
1 year
Program used to verify working supplying of cards
Card Wizard
written authorization to represent or act on another's behalf in private affairs, business or some other legal matter."
Power of Attorney or POA
Screen code to view all wires on file
MT$$B026*