Reg CC
$6,725.00 is made available right away when this type of item is presented.
What is a next-day availability item?
This is the dollar amount threshold that requires a Hold Harmless form to be completed.
What is $30,000?
Kristy Babington holds this compliance-related role.
Who is the BSA and Compliance Officer?
This is the process for handling non-Canadian foreign checks, such as from Europe.
What is make a copy for branch records and mail the check to FNBB for processing?
This is the maximum signing authority for Lead Tellers issuing cashier’s checks.
What is $100,000?
This is how long an account is considered "new" under the New Account Exception hold reason.
What is 30 days?
When a customer signs a check with an “X,” this is the required procedure.
What is two witnesses must sign below the mark to attest they observed the signature?
Monica Stevenson holds this role related to fair lending practices.
Who is the CRA and Fair Lending Officer?
This is the process for converting a foreign check amount.
What is post to the FNBB GL and review Netlink the next day to obtain the converted amount before posting to the customer’s account?
This is the window period for completing monthly audits on Vaults, TCRs, and ATMs.
What is a 5-day window from the previous month?
When using the Large Deposit Exception, this is the availability schedule for deposited funds.
What is $275 available immediately, $6,450 on the second business day, and the remainder on the seventh business day?
This is the expiration period for Crews Bank and Trust cashier’s checks.
What is they do not expire?
These three words make up the acronym BSA.
What is Bank Secrecy Act?
This is the fee for ordering or exchanging foreign currency.
What is $20?
Before cashing a savings bond for a non-customer, this step must be completed.
What is creating a CIF (Customer Information File)?
This is the standard hold time when a financial institution doubts the collectability of a check.
What is 7 business days?
When cashing a check for a non-customer, this is where you input the driver’s license information.
What is the "Enter Information" box at the end of the transaction?
This report is filed when a customer conducts cash transactions over $10,000 in one day.
What is a Currency Transaction Report (CTR)?
This is the threshold amount for providing immediate credit on a foreign item.
What is $25,000?
Lead Tellers should review this report daily regarding savings bonds.
What is the Bond Redemption Daily Report?
This amount is made available immediately when two cashier’s checks are deposited.
What is $6,725 for each cashier’s check?
This code is used when a teller rejects a check for negotiation.
What is the refusal code?
This term describes when a customer attempts to evade reporting by breaking up large transactions.
What is structuring?
Funds from a foreign check are delayed for this period if a hold is placed.
What is 4 weeks?
When processing a Cash Advance, this information is critical to include in the description field.
What is the customer’s name and/or account number?