$305.00 – $705.00
Date Recorded: March 3, 2021
Presenter: Natalie Straus, CRCM, Vice President, FORVIS
Are you a delayed availability financial institution? Or maybe you’re a same-day or next-day availability institution? Either way, you’ll encounter suspicious deposits, returned checks, insufficient funds and other tricky situations. What can you do to protect your institution when accepting customer deposits? That’s were Regulation CC’s “holds” come in. When used correctly, your institution can delay the availability of funds until the 7th business day following the banking day of deposit! This potentially provides your institution with enough time to avoid losses associated with returned checks or insufficient funds.
In this webinar we will discuss the following:
This webinar will be valuable for anyone involved in compliance, deposit operations or check handling.
Program Level: Basic
Prerequisite/Advanced Preparation: Basic Knowledge of Deposit Regulations
Field of Study: Specialized Knowledge
Any recording, transmission, retransmission, or republishing of any portion of this webinar is prohibited.
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