Regulation CC Policy
This Regulation CC Policy Template addresses how a bank, credit union, or other type of financial institution adheres to Regulation CC – “Expedited Funds Availability Act” (EFAA).
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Definitions – Topic 3
- Audit Policy – Topic 4
- Staff Training – Topic 5
- Retention of Documentation – Topic 6
Subpart B – Availability of Funds and Disclosure of Funds Availability Policies
- Next Day Availability – Topic 1
- Availability Schedule – Topic 2
- Exceptions – Topic 3
- Payment of Interest – Topic 4
- General Disclosure Requirements – Topic 5
- Specific Availability Policy Disclosure – Topic 6
- Additional Disclosure Requirements – Topic 7
- Miscellaneous – Topic 8
- Relation to State Law – Topic 9
- Civil Liability – Topic 10
Subpart C – Collection of Checks
- Electronic Checks and Electronic Information – Topic 1
- Paying Bank’s Responsibility for Return of Checks and Notices of Nonpayment – Topic 2
- Returning Bank’s Responsibility for Return of Checks – Topic 3
- Depository Bank’s Responsibility for Returned Checks and Notice of Nonpayment – Topic 4
- Warranties and Indemnities – Topic 5
- Indorsements – Topic 6
- Presentment and Issuance of Checks – Topic 7
- Variation by Agreement – Topic 8
- Liability – Topic 9
- lnsolvency of Bank – Topic 10
- Effect of Merger Transaction – Topic 11
- Relation to State Law – Topic 12
- Exclusions – Topic 13
Subpart D – Substitute Checks
- General Provisions Governing Substitute Checks – Topic 1
- Substitute Check Warranties – Topic 2
- Substitute Check Indemnity – Topic 3
- Expedited Recredit for Consumers – Topic 4
- Expedited Recredit for Banks – Topic 5
- Liability – Topic 6
- Consumer Awareness – Topic 7
- Mode of Delivery of Information – Topic 8
- Relation to Other Law – Topic 9
- Variation by Agreement – Topic 10
Includes the following form templates:
Regulation CC Model Forms (21 pages)
Regulation CC Substitute Check Affidavit Packet (4 pages)
Recent updates to this product:
06/03/24 Update
Joint Press Release – Agencies Announce Inflation-Adjusted Dollar Thresholds for Regulation CC Funds Availability
This Regulation CC Policy Template (approximately 47 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
Product Update Protection Plan
Ensure your purchase from BankPolicies.com remains current by adding a Product Update Protection Plan to your shopping cart. You’ll automatically receive an updated version via e-mail every time it’s revised, within one year from the last date of purchase.
We’re Here to Help
BankPolicies.com provides digital access to over 500 professional bank policy, job description, and form templates for automatic download.
BankPolicies.com keeps your financial institution up to date with the latest bank policy standards and industry best practices. Purchase your bank policies from us today and rest easy knowing you have the right team helping you and your organization stay compliant.  We are ready to earn your business for all of your bank policy needs. Order your policy template today.
