Safekeeping & Record Keeping
The number of associates who sign the Night Depository Record each day
What is two associates?
How often the night depository must be opened
What is once a day?
The bills that must be hand counted if the currency counter does not have a counterfeit/mixed bill detector
What is 100s and 50s?
The place to notate changes or discrepancies with Night Drop/Mail/ATM Transactions.
What is "Comments/Abnormal Conditions" box on the Night Depository Record?
The location to store Night Depository Records when not in use
What is a secured cabinet, drawer, or vault?
The frequency that night depository transactions must be processed
What is deposits must be processed daily?
The name of the transaction type in D1 for processing Night Drop Transactions
What is ATM/Night/Mail Transactions?
The associate who can sign for discrepancies
What is Financial Center Leadership or delegate?
What is in the dual control locked key box?
The time to open the night drop
What is the night depository must be opened after 8 am?
How to process a hold
What is cancel the night drop transaction and process it with the client in session?
Situation where we would hold a cash deposit until the client arrives
What is if a client has given us pre-authorized instructions to hold cash deposits until they arrive?
The number of parts or pages to the Night Depository Record
What is 4 parts/pages?
The retention period for envelopes and bags processed as Night Drop/Mail/ATM Transactions
What is 60 Days?
The process for processing Courier Deposits
What is Deposit Transaction?
(pulling the client into session and processing a normal deposit)
Differences greater than $1,000.00
What is place under Dual Control until the client arrives?
The proper way to maintain dual control during night depository transactions
What is once a night drop/mail/atm/courier item has been assigned, the assigned associate must process the transaction themselves?
Financial Centers with Saturday hours
What is not required to open the Night Depository on Saturday but may do so upon the manager’s request?
The four acceptable source codes for identifying the type of item that was dropped
What is M(mail envelope), P(Night Drop Paper Envelope), Z(Zipper Bag), and C(Courier)?
Differences of $1000.00 or less
What is seal the deposit in a plastic security bag signed by Financial Center Leadership and the associate; retain the bag inside the associate’s excess cash vault until the client arrives. Financial Center Leadership is responsible for ensuring that the deposit is processed or returned to Dual Control at the end of the day?