I posted this yesterday in another forum w/ no response. Any ideas ? ----

I know that Reg. CC outlines the requirements for placing holds on recent deposits, but what are the rules regarding the placement of holds on collected balances. I know the bank is justified in holding a balance if it receives notices of a levy, but what about other cases? For example, the bank receives notice of a forgery or discovers after the fact that a customer has deposited a business check in a personal account. Do Reg. CC requirements still apply?

not reg cc.....reg cc only applies to checks and checkign accounts