Most Popular Compliance Content
ACH Return Transaction Using Code R23
05/19/2019
For an ACH transaction we (RDFI) have received, we believe a third party made the payment to an account and we (as RDFI) would like to return it. May we return it using the return code R23? R23 description sounds as if the recipient account holder should return the transaction.
Can a POA Add Beneficiaries on an Account?
05/19/2019
Can a POA add beneficiaries on an account?
Open Acct. for Entity-LLC & Individual?
05/19/2019
Can a bank account be opened for an entity such as an LLC and a person i.e., JSmith Properties LLC and Suzy Sparkles? Suzy Sparkles is not a member of the LLC.
Policy on Customers Taking Pics of Records
05/19/2019
Does anyone have any suggestions for putting together a policy on how to handle customers using cell phones to take photos or record interactions within a branch?
Trust Owner Acct- Covered More by FDIC Insurance?
05/12/2019
If an account owner is a Trust, is it covered more by the FDIC insurance?