Check Elements
The 3 items listed on the bottom of every check (aka the MICR line)?
What is
Routing number, account number, and check number
A withdrawal from a client's account is referred to as this.
What is
Debit
The target market (age range) for the Student Checking Account
What is
14 - 24
Drawer limit when attached to RBG/TCR/GLR (cash machine)
What is
$2000
What is
October
The amount we would process a check for if the numeric amount and written amounts are different.
What is
The written amount (or legal amount)
The name of the report triggered when an exchange of over $10,000 in cash.
What is
CTR (Currency Transaction Report)
This product included a term range from 91 days - 5 years and clients will incur a penalty for early withdrawal
What is
CD (Certificate of Deposit)
A client is requesting funds be withdrawn from their checking account in the drive-thru would need this kind of transaction ticket.
What is
Virtual ticket
The threshold we need manager approval for a personal deposit.
What is
$5000
The phrase is included in a restrictive endorsement
For Deposit Only or For Mobile Deposit
The purpose of Regulation CC
What is
To set rules for when check deposits are made available - the bank's ability to hold checks
Connect Checking, 50 Advantage Checking, and Smart Choice Checking
The two questions we ask ourselves to determine the steps needed to cash a check.
What is
Is the check On-Us or Foreign?
and
Is the person negotiating a client or non-client?
The amount of points possible on each Teller Index Survey.
What is
for 8 for Lobby and 7 for Drive-Up
The two types of checks you need to identify when using the check cashing flowchart.
On-Us and Foreign
"Opting-In" to Regulation E allows a customer to do this.
What is
Make debit card and ATM transactions when they do not have enough money in their account
The fee we would charge on a VISA Gift Card for a client.
What is
$3.95
The two extra steps that need to be completed when cashing a check for a non-client.
What is
Call the maker of the check
and
Document the approval from the client on the check
The amount you need manager approval for when you are working offline.
What is
$500
The amount of signatures that are required when the names of two or more payees are joined by the word "or" (Pay to Order of Test Platform or Mary Platform).
What is
One signature
DDA stands for this.
What is
Demand Deposit Account
A service we offer for clients that uses a promise of a guaranteed funds payment to a specified payee.
What is
Official Checks (or Cashier's Checks)
The four things you need on a physical ticket for a Dormant Account.
What is
Client signature, Teller first initial and last name, manager first initial and last name, and ID info
The required opening deposit amount for Advantage Savings.
What is
Any amount