Most Popular Operations Content
Trust account exception
07/07/2024
What is an example of a trust exception?
Tracking trust files
07/07/2024
When it comes to managing trust exceptions, what do financial institutions commonly track?
Businesses and Check Washing
07/07/2024
Why is checking washing a threat to businesses?
Joint account withdrawals and CTR filing
07/07/2024
I have a CTR question. Husband writes a check to Wife for $10,000.00 and she cashes it. Husband then uses the ATM to withdraw $600.00 from his debit card. There is no way to know if both of them are benefiting from each transaction. Would a CTR be filed?
Handling a charged-back cash advance
06/30/2024
If we do a cash advance for a customer on a card that was issued by another financial institution and deposit the cash into the customer's account at our institution, are we allowed to pull the funds back out of the account if a dispute is filed that results in a chargeback on the cash advance transaction?