Regulation CC - Check Holds

Feb 14, 2018 02:30pm -
Feb 14, 2018 04:30pm
(GMT-5)

Event Description

New Changes Coming on Part C - Check Collections

Regulation CC is the regulation governing the availability of funds for transaction accounts and the holds that financial institutions can place on checks. This regulation was passed in 1988 and continues to be one of the toughest compliance problems in financial institutions around the country.

Can we place a hold on a cashier’s check? How many days can we hold checks on a new account? Does this apply to business accounts? Do we have to give the hold while the customer is there or can we mail it later?

These questions will all be addressed in this informative and easy to follow program for the frontline. You'll need a copy of your hold form and Regulation CC disclosure to follow this frontline program.

Covered Topics:

  • Purpose of the regulation
  • What is a transaction account?
  • Availability Schedules
  • Business versus banking days, Transaction Accounts and more definitions
  • How to count days and place holds
  • Next day items versus other checks
  • Case by Case holds
  • Exception Holds
  • Hold Notices and how to complete
  • New Accounts exception
  • Common errors on holds

Who Should Attend?

All tellers, teller managers, cashiers, customer service representatives, back of bank operations, branch managers and compliance officers.

REGISTRATION OPTIONS

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.


Event Type:Webinar &/or On-Demand Link/CD
Early registration ends on Jan 07, 2018.
Regular registration starts on Jan 08, 2018 and ends on Feb 17, 2018.
Late registration starts on Feb 18, 2018.
(GMT-05:00) Eastern Time (US & Canada)

 

Registration Fees
Fee TypeEarlyRegularLate
 Live Webinar
Member Fee: $265.00$265.00$290.00
Non-Member Fee: $400.00$400.00$425.00
 Additional Hookups
Member Fee: $175.00$175.00$175.00
Non-Member Fee: $260.00$260.00$260.00
 On Demand Link & "FREE" CD Rom
Member Fee: $345.00$345.00$345.00
Non-Member Fee: $490.00$490.00$490.00
 Both Live & On Demand Link (Includes CD Rom)
Member Fee: $395.00$395.00$420.00
Non-Member Fee: $600.00$600.00$625.00