Expedited Funds Availability Act - Regulation CC

Course Number: EFAARCC1

Course Code: BAI 405

Explains when funds from deposits must be available for withdrawal and when holds on deposits can be extended, and the timing and content for providing key disclosures. Reviews the terminology used in Reg CC along with the disclosure requirements and endorsement standards, and covers Check 21, including a description of substitute checks.

Learning Objectives
After completing this course, students will be able to:

-Differentiate between next day, 2nd day, and extended hold availability schedules
-Explain and share the primary benefits of Check 21
-Describe general disclosure information required for all financial institutions
-Describe the key rules for returning checks
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Audience: Tellers, new account representatives, branch managers, and any staff members who work with checks and new accounts (NOTE: Reg CC training is mandatory for all affected bank personnel.)

Prerequisites: n/a

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Member Price: $95.00
Non-Member Price: $130.00
Textbook Charge: $0.00

Credits: ICB Certifications: 1.75 CFSSP, CRCM, CAFP​ ​​​​​​​

Length: n/a

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