Check Request/ Fraud vs Dispute
Cashier's Check
Journal/PDTeller
BillPay/PNP/c9M
Lagniappe/Free Game
100

This account can have a check request (Check sent directly to client)completed from it? 

What is Brokerage Account

100

This type of check is issued using Schwab Bank funds rather than the client writing a personal check

What is a Cashier's Check

100

A representative should verify this before processing a fee reversal request. 

What is eligibility according to policy?

100

This system handles unsorted transactions due to a number of reasons like: 

  • Nonsufficient Funds
  • Closed account
  • Unlocated account
  • Stop Suspect/Stop Hit
  • Account Restriction

What is Pay No Pay

100

Before placing a stop payment, representatives should verify the item has not already done this. 

What is cleared/posted

200

This violation happens when fraud claims are not filed timely?

What is REG E

200

 A cashier's check request generally requires the funds to be available in this type of account. 

 Schwab Bank account

200

This should always be done when completing a bank to bank journal in PDTeller to the client

What is transaction readback

200

This system is typically used when investigating BillPay issues

 What is an opening a case in billpay

200

Zelle transactions are intended to be sent primarily to these individuals. 

Who are people you know and trust?

300

For S1, Before placing a check order, you should verify this account feature is active.

What are payment features/check writing capabilities

300

This system is typically used to process and track cashier's check requests. 

What is MyQ

300

This PD Teller function allows representatives to reimburse certain client fees when eligible. 

What is a Fee Reversal/CSG?

300

How many tries does a client get to retry their S1 Password before it needs to be reset?

What is 5 times

300

Apple Pay, Google Pay, and Samsung Pay are examples of this.

What are digital wallets?

400

An unauthorized transaction made without the client's permission is generally classified as this. 

What is Fraud?

400

Name a non-negotiable that must be verbally given to the client before a cashiers check is issued?

What is Cashier's Check Disclosure

400

What is the JW for PDTeller

What is MOD

400

Client calls in because transaction keeps declining with D102 code on their debit card. Client has two new digital wallets within the last 10 days. Once everything is reviewed and confirmed with client, what do you do next?

What is reach out to VRM for additional approval 

400

Password resets are typically necessary when a client is unable to do this. 

What is access Schwab.com?

500

For a check request, this cannot be changed without having an LOA?

What is address change?

500
This system is where to place the hold for the Cashier's Check

What is Webcsr

500
Client wants to move money from their brokerage into their checking account. What tab would we complete this journal in CC?

What is Cashiering (Non brokerage) 

500

 A client authorized a purchase, received defective merchandise, attempted to work with the merchant, and was unable to obtain a refund.

What is a Dispute claim?

500

Before closing an account, representatives should confirm there are no outstanding these.

 What are pending transactions


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