Most Popular Operations Content
Merchant remote deposit capture
06/16/2024
What is merchant remote deposit capture?
You are following this thread Completing a CTR based on who benefitted
06/16/2024
A husband and wife come to the bank. The wife has an account with us the husband does not. The wife withdrawals $10,000 from her checking account. Then she and her husband cash three checks not drawn on us but made payable to both of them totaling $2,500. I know we will include this on the CTR under her Part I, but should he be listed on the CTR? He only benefited from the $2,500 but that transaction is tied with her as a CTR?
CTRs and Joint Accounts
06/16/2024
I know this question has been asked before but I'm having issues with explaining this to one of our Financial Managers. When a reportable cash transaction is made into a joint account, we need all the joint account owner's information in order to complete the CTR for filing. Am I correct?
Are ChexSystems signs at account opening locations
06/09/2024
Is ChexSystems signage required on every desk where accounts are opened?
State law and Regulation E
06/09/2024
Does state law take precedence over Reg E when it comes to length of time a consumer has to report unauthorized debit card activity? If State law is more favorable to the consumer, then we have to follow state law. right? I am trying to find out if a consumer can report unauthorized debit card activity after, say, 2 or 3 years in Massachusetts.