Reg CC: Check Holds, Check 21, Remote Deposit Capture & Reg D

IT & Cybersecurity Compliance Frontline & New Accounts Operations Deposit Account Compliance

On-Demand Webinar:

StreamedJul 17, 2024Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

Reg CC is the driving force that governs the way many everyday financial transactions are handled.

But don’t let its ubiquity lead to complacency! From Check 21 to check holds to remote deposit capture, and more, you need to ensure that every transaction is handled right every time. Join this impactful webinar to get expert insight and hone your skills.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

List the items subject to next-day availability
Know the exemptions from early withdrawal penalties under Reg D
Define electronic payments for next-day availability purposes
Explain why items submitted via remote deposit capture are not subject to regulatory hold timeframes
Distinguish between substitute checks and check copies provided to accountholders

WEBINAR DETAILS

Check rules span a wide range of issues, including how holds can be applied, the length of holds depending on the type of deposit, special rules that apply to checks converted to image replacement documents, new account holds, and more. In addition to learning the proper hold timeframes and your institution’s other responsibilities regarding holds, notifications, and extensions, this jam-packed program will also touch on which deposits are exempt from the hold restrictions under Reg CC. Under Check 21, your institution has to comply with certain timing and notification requirements, particularly when an accountholder makes a claim regarding a substitute check.

WHO SHOULD ATTEND?

This informative session will benefit anyone who interacts with accountholders when making deposits or inquiries, including tellers, call center employees, branch personnel, back-office staff responsible for check returns and holds, investigation staff, compliance professionals, and auditors.

TAKE-AWAY TOOLKIT

Check hold chart
Check 21 cheat sheet
List of internet resources
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.