MIL 1
What is a Monetary Instrument Log
If a MIL and CTR was generated which 1 do we keep?
What is a CTR
True or False: When correcting an MIL we need to initial.
What is False.
Who in branch is celebrating a birthday this Month?
Who is Mikayla
What is the fee for a Cashier's Check
What is $12
When doing multiple cashier checks, and cx paying in cash, when do you put the cash into recycler?
What is the last transaction.
In branch we retain MIL reports for 3 months. How long does our Branch Banking Compliance retain MIL reports?
What is 5 years.
What is Kasi's favorite color?
What is Green
Purchasing negotiable items from _____ to $10,000 must have a MIL filed.
What is an authorized signer
What department does our completed MIL get sent to?
What is Branch Banking Compliance #262
Open enrollment is here! What is the dates you're able to enroll? Nov __ to Nov __
When we say Bank Customer, who is included?
Who is person having a deposit account (checking,savings, TDA) or other relationships (eg loan, credit card, IRA)
True or False: Cash in amount should NOT include cash back given to customer.
What is TRUE
Branch Banking Compliance must receive completed MIL within how many business days from date of purchase?
What is 3.
What branches are in WOM?
What Customer information do we need when completing a MIL?
What is Cx Name (1st & last name)/ SSN-EIN/ Physical address/ DOB/ ID used (CID information)
When purchasing a Cashier Check from Business account using EIN, Should we type the purchaser's SSN or the business's EIN?
What is purchaser's SSN.
Example: Cx deposits $9k in cash to checking account that had $20. On the same day he w/d from same acct to purchase cashier check for $2024. Is the purchase MIL reportable & why?
What is no // MIL only needed for purchases of $3k-$10k.
What news station plays our Smart Money Mondays?
What is Hawai'i News Now.