Regulation CC Availability of Funds and Collection Of Checks Training
This training covers funds availability requirements. Updated to reflect the first inflation adjustment in Regulation CC effective on July 1, 2020 which increased:
- next day availability from $200 to $225;
- the threshold for certain special exception holds, such as large deposit holds, new account holds, and repeatedly overdrawn holds from $5,000 to $5,525; and
- increased the threshold for the rarely used rule that permits financial institutions to extend holds by one business day when a deposit is taken for withdrawal by cash or similar means from $400 to $450.
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