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#2294263 - 02/29/24 08:36 PM ATM Notices of Availability
Compliance Poster Offline
Gold Star
Joined: Sep 2001
Posts: 456
Below are the model notices for ATMs under Reg CC. I assume the first one would be provided at all times if deposits are accepted at an ATM. But I’m not sure what distinguishes and under what circumstances would the Delayed Receipt be required. For example, would it be added when a bank operates an off-premise ATM from which deposits are removed not more than two times a week to make a disclosure of this fact on the off-premise ATM, under, 229.18(c)(2)? Will you please help me?

C-19—Notice at Automated Teller Machines

AVAILABILITY OF DEPOSITS
Funds from deposits may not be available for immediate withdrawal. Please refer to your institution's rules governing funds availability for details.

C-20—Notice at Automated Teller Machines (Delayed Receipt)

NOTICE
Deposits at this ATM between (day) and (day) will not be considered received until (day). The availability of funds from the deposit may be delayed as a result.

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#2295433 - 04/02/24 02:33 PM Re: ATM Notices of Availability Compliance Poster
Sgt. Pepper Offline
100 Club
Sgt. Pepper
Joined: Aug 2006
Posts: 119
Massachusetts
Yes, you are correct in your understanding of when to use the model clauses:

§ 229.18
(c) Automated teller machines.

(1) A depositary bank shall post or provide a notice at each ATM location that funds deposited in the ATM may not be available for immediate withdrawal.

(2) A depositary bank that operates an off-premises ATM from which deposits are removed not more than two times each week, as described in § 229.19(a)(4), shall disclose at or on the ATM the days on which deposits made at the ATM will be considered received.
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