Rules post dating bank checks

The excess over ,000 will be available on the ninth business day after the day of your deposit. Funds from all other check deposits will be available on the (number) business day after the day of your deposit.

C--3--Next-Day Availability, Case-by-Case Holds to Statutory Limits, and § 229.13 Exceptions Your Ability to Withdraw Funds Our policy is to make funds from your cash and check deposits available to you on the first business day after the day we receive your deposit.

The first two digits identify the bank's Federal Reserve District. C--1 Next-day availability C--2 Next-day availability and § 229.13 exceptions C--3 Next-day availability, case-by-case holds to statutory limits, and § 229.13 exceptions C--4 Holds to statutory limits on all deposits (includes chart) C--6 Holds on other funds (check cashing) C--7 Holds on other funds (other account) C--8 Appendix B availability (nonlocal checks) C--9 Automated teller machine deposits (extended hold) C--10 Cash withdrawal limitation C--11 Credit union interest payment policy C--11A Availability of funds deposited at other locations.

For example, 01 identifies the First Federal Reserve District (Boston), and 12 identifies the Twelfth District (San Francisco). C--12 Exception hold notice C--13 Reasonable cause hold notice C--14 One-time notice for large deposit and redeposited check exception holds C--15 One-time notice for repeated overdraft exception holds C--16 Case-by-case hold notice C--17 Notice at locations where employees accept consumer deposits C--18 Notice at locations where employees accept consumer deposits (case-by-case holds) C--19 Notice at automated teller machines C--20 Notice at automated teller machines (delayed receipt) C--21 Deposit slip notice C--22 Expedited recredit claim, valid claim refund notice C--23 Expedited recredit claim, provisional refund notice C--24 Expedited recredit claim, denial notice C--25 Expedited recredit claim, reversal notice C--1--Next-day Availiability Your Ability to Withdraw Funds Our policy is to make funds from your cash and check deposits available to you on the first business day after the day we receive your deposit.

Funds from deposits of cash, wire transfers, and the first ,000 of a day's total deposits of cashier's, certified, teller's, traveler's, and federal, state and local government checks will be available on the first business day after the day of your deposit if the deposit meets certain conditions.

For example, the checks must be payable to you (and you may have to use a special deposit slip). Treasury check) is not made in person to one of our employees, the first ,000 will not be available until the second business day after the day of your deposit.

The excess over ,000 will be available on the ninth business day after the day of your deposit. Funds from all other check deposits will be available on the () business day after the day of your deposit.

C--4--Holds to Statutory Limits on All Deposits (Includes Chart) Your Ability to Withdraw Funds Our policy is to delay the availability of funds from your cash and check deposits.

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If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit.

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available.

They will generally be available no later than the (number) business day after the day of your deposit.

Adding 2 to the first digit denotes a thrift institution. 31293, August 18, 1988, effective September 1, 1988; 54 Fed. 13851, April 6, 1989, effective August 10, 1989; 55 Fed. 21855, May 30, 1990, effective May 22, 1990; 58 Fed. 2, January 4, 1993, effective January 5, 1993; 59 Fed. 48790, September 23, 1994, effective October 11, 1994; 60 Fed. 51671, October 3, 1995, effective November 2, 1995; 61 Fed. 25390, May 21, 1996, effective October 15, 1996; 68 Fed. 31592, May 28, 2003, effective July 28, 2003; 68 Fed. 52078, September 2, 2003, effective November 1, 2003; 69 Fed. 1657, January 12, 2004, effective March 13, 2004; 69 Fed. 6919, February 12, 2004, the amendment to Appendix A under the Fifth Federal Reserve District (Federal Reserve Bank of Richmond) is effective on April 17, 2004, and the amendments to Appendix A under the Seventh and Tenth Federal Reserve Districts (Federal Reserve Banks of Chicago and Kansas City) are effective on April 24, 2004; 69 Fed. 10602, March 8, 2004, effective May 15, 2004; 69 Fed. 19922, April 15, 2004, effective June 26, 2004; 69 Fed. 25827, May 10, 2004, effective July 10, 2004; 69 Fed. 28820, May 19, 2004, effective July 24, 2004; 69 Fed. 35506, June 25, 2004, effective August 28, 2004; 69 Fed. 57839, September 28, 2004, effective October 30, 2004; 70 Fed. 7380, February 14, 2005, effective March 26, 2005; 70 Fed, Reg. The removal of the Second Federal Reserve District (Federal Reserve Bank of New York) is effective March 29, 2008; 73 Fed. 8788, February 15, 2008, effective April 19, 2008; 73 Fed. 41237, July 18, 2008, effective September 20, 2008; 73 Fed. 70592, November 21, 2008, effective January 31, 2009; 73 Fed. 77492, December 19, 2008, effective February 21, 2009; 74 Fed. 4910, January 28, 2009, effective March 21, 2009; 74 Fed. 7786, February 20, 2009, effective April 18, 2009; 74 Fed. 21246, May 7, 2009, the effective date for amendatory instruction instruction 2, amending 12 CFR Part 229 Appendix A is June 20, 2009, and the effective date for amendatory instruction 3, further amending 12 CFR Part 229 Appendix A is June 27, 2009; 74 Fed. 26516, June 3, 2009, Effective July 25, 2009; 74 Fed. 52876, October 15, 2009, effective date for Appendix A to Part 229 instruction 2 is October 17, 2009, and for instruction 3 November 14, 2009; 74 Fed. 58538, November 13, 2009, effective December 12, 2009; 75 Fed. At that time, there will only be a single check-processing region for purposes of Regulation CC and there will no longer be any checks that are nonlocal."] Appendix C to Part 229— Model Availability Policy Disclosures, Clauses, and Notices; Model Substitute Check Policy Disclosure and Notices This appendix contains model availability policy and substitute check policy disclosures, clauses, and notices to facilitate compliance with the disclosure and notice requirements of Regulation CC (12 CFR part 229).

Thus, 21 identifies a thrift in the First District, and 32 denotes a thrift in the Twelfth District. Although use of these models is not required, banks using them properly (with the exception of models C--22 through C--25) to make disclosures required by Regulation CC are deemed to be in compliance.

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