If a primary account holder is deceased on an interest bearing account, and this being a husband and wife or vice versa, does it need to be closed and another be re-opened to add new signers?
Can a check payable to the signer on an checking account be deposited into a checking account with a Trust as the owner?
Can money orders be deposited without the buyer's signature? It is my understanding that the signature is an agreement to accept the terms of the money order. So what if it is not signed and gets deposited?
Is a notice of action taken needed in the case where we choose not to open a deposit account because of information contained in a credit report?
A fifth pillar? Really? And your saying that because of it we need to amend our BSA/AML Compliance Policy?
Is there ever a time money coming directly from a Qualified Employer Plan would be coded as a “direct transfer” instead of a “direct rollover”?
Can institutions mail clients letters stating they are closing an account due to kiting? I've always understood that you had to use the term "uncollected funds" when telling a client their account was being closed.
Is it a compliance violation or a FDIC violation for a bank to hold and not process a night deposit for 2 weeks? Is it the same even if it is the customers request? We received a sealed bag that has a note on it with money inside and instructions for the bank to wait until they are back in town to pick it up.
What is the exact wording for a Representative Payee account for a SSDI beneficiary account?
What is the proper way to close a campaign account?