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#1929948 - 06/05/14 08:02 PM Reg CC case by case hold notice
Banker83 Offline
Junior Member
Joined: Sep 2007
Posts: 34
The model notice and commentary state "$ amount being held" to be disclosed on the CBC notice. Would it be okay to say the first $200 of your deposit would be available the business day after your day of deposit and the remainder of the deposit available on the second business day after your day of deposit?

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#1929981 - 06/05/14 08:35 PM Re: Reg CC case by case hold notice Banker83
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
No. You have to provide the amount of the hold and when it will be available. [229.16(c)(2)]
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