Regulation CC – Expedited Funds Availability Act Policy – 9 Pages – 2700 Words

The document provides guidelines for compliance with a specific financial regulation, focusing on timely availability of funds to depositors and standardizing hold periods for deposited checks. It applies to all deposit accounts and transactions at the bank, requiring adherence from all staff involved in account management and transaction processing. The policy outlines various scenarios such as next-day availability of certain types of deposits, extended hold periods for specific cases, and notification requirements to maintain transparency and regulatory compliance.