Regulation CC/Expedited Funds Availability Act (EFAA) Policy - $275.00

Summary

The purpose of this Regulation CC (EFAA) Policy is to address how a 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
Checks Payable in Guam, American Samoa, Northern Mariana Islands - Topic 14

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:
07/05/17 Update

This policy template (approximately 58 pages) is available to purchase from BankPolicies.com in Microsoft® Word format for $275.00.

Mix and Match Volume Pricing

Would you like to mix and match multiple policies, procedures or job descriptions and receive a special volume discount? Click here to see how much you can save.

Sample Request

Click here if you are a new financial institution client and are interested in receiving a sample version of this product by e-mail attachment.

Need help choosing the right bank policy products?

If you need help choosing the right documents for your financial institution or just need expert advice, BankPolicies.com is ready to help you.