Description

Part of the Frontline Compliance series designed to help students understand the basic requirements of the EFAA and Regulation CC, this course covers certain disclosures and notifications that help customers understand when money from deposits is available for their use, and the requirements behind them.

These disclosures include:

Explanations of the banks funds availability policy that are provided at account opening or upon request

Changes in funds availability policies

Shorter alerts that funds may not be available for immediate use; for example, at branch on deposit slips, and at ATMs;

Notice of nonpayment of a check deposit

What You’ll Learn
After completing this course, students will be able to:

Explain what information must be included in the bank’s funds availability policy disclosure and when it must be provided

Describe other required funds availability notices, such as notices at ATMs, on deposit slips, in branches, and when the bank makes policy changes

Additional information

Audience	All bank employees whose job responsibilities require Regulation CC training.
Length	Approximately 7 minutes
Time	2:40 PM
Credits	0.25 CAFP, CRCM, CFSSP
Member Price	35.00
Non-Member Price	55.00
Course Number	ABA
Location	Online Self-Paced
Vendor	ABA
Course Code	ABA
Prerequisites	None
Day	Online