Access/Security
In the joint access vault, these are secured with 2 signatures and the date.
What are Keys and Combos
(Manager Only) - Checking for restraints and signing the back of the item with only your initials if you approve of transaction.
What is Manager Override.
Top Teller Drawer limit and Bottom Teller Drawer limit
UB - Top Drawer: $4,000 Bottom Drawer: $10,000
Vault Custodian - Top Drawer: $4,000 Bottom Drawer: $15,000.
Bills located in the vault that equate to $1500 that consist of $1000 strap of $10 bills and $500 strap of $5 bills.
What is Extortion Money
The Bank Secrecy Act requires all banks to report purchases of monetary instruments between $3,000 and $10,000 using cash.
What is MIL
This report should be the first activity worked in the morning to assure all documents have been scanned and uploaded.
What is Pace Report
What is BR-930
Wire Transfers over $250 thousand requires this.
What is a 2nd Approval.
What is CTR
Before closing the branch for the day, the branch should be inspected for who before locking the doors of the facility?
Who are Customers
When your teller cash drawer is over its limit, any exceeding cash should be stored here.
What is Teller Locker
Authorized to complete wires within the branch
This deters money laundering and maintain financial records.
What should not be visible after closing activities are completed?
What is:
Cash/Negotiable items/Keys/Combos/Customer Information
This system is used to order cash for the branch and not for customers requesting to place large money orders.
What is ICOM
This System is used to employ safeguards which automatically identify irregularities during the process of clearing items. It should be checked twice a day (we do it every 2 hours)
What is WEB OD