Push it to the Limit
This is my EOD cash supply limit (non-business cash drawer)
What is $3,000?
This act regulates information lenders need to provide to consumers about their products and services
What is the Truth-in-Lending Act?
BSA
What is the Bank Secrecy Act?
This is filed when someone purchases a Negotiable Instrument for $3,000-$10,000 IN CASH.
What is an MIL?
A credit to a customer's account
What is a deposit?
This is a customer's Savings Account deposit limit
What is $1,000?
This is also known as the Equal Credit Opportunity Act
What is Reg B?
CTR
What is a Currency Transaction Report?
You have to call this department to confirm payoff amounts when a customer wants to pay off their mortgage?
What is the Mortgage Loan Servicing Department (MLSD) #362?
Process that requires work to be conducted in the presence of 2 employees.
What is dual custody?
This is the Savings Bond negotiation daily limit
What is $5,000?
This regulation is also know as the Electronic Funds Transfer Act
What is Reg E?
CMIR
What is Currency or Monetary Instrument Report?
My customer is withdrawing $2,000 from their Savings Account. This is what I need to get before scanning the withdrawal slip.
What are a Manager/Authorized signer's initials?
Notice to customer that he/she has been declined for bank services such as credit or a new account.
What is an adverse action notice?
This is my working cash supply limit (non-business cash drawer)
What is $5,000?
This Act was established uniform guidelines for how banks and other financial institutions disclose information about deposit accounts to individuals
What is Reg DD OR What is the Truth in Savings Act?
UDAAP
What is Unfair Deceptive, and Abusive Acts or Practices?
When stepping away from your desk or window, list at least 3 things you should do:
What is locking your screen, locking your cash drawer, and securing confidential information?
This is placed when the bank restricts the use of funds from a deposit for a certain period of time.
What is a hold?
This is a CONSUMER customer's deposit limit if their ESP score is 720
What is $7,500?
This is the name for the Reg CC Act
What is the Expedited Funds Availability Act?
OFAC
What is Office of Foreign Assets Control?
OOPS! I messed up on a Cashier's Check. I made copies of the check and the Internal Memo that I will be sending out for our files. Where do I send the original check and the internal memo to?
What is Accounting #225?
Requires 2 employees with different parts of a process in order to access an area or product (one has a key, other has the combination (i.e. vault, negotiables supply, spare keys to safe deposit boxes)
What is dual control?