Regulation CC – Availability Rules

This Regulation CC: Availability Rules online training course explores the availability rules of Regulation CC, which set forth the requirements that banks make funds deposited into transaction accounts available according to specified time schedules. It is important for frontline staff to understand the rules in order to inform their customers and it is important for operations staff to understand the rules when exception holds are placed in order to make the funds available according to the law and send proper notice to the customer.

Course Learning Objectives

By taking this online Regulation CC: Availability Rules course, the user will learn:

• What is considered the “day of deposit” and the difference between a banking day and a business day according to Regulation CC
• What types of checks require next day availability
• When funds must be made available if next day availability is not required

Course Outline

This online Regulation CC: Availability Rules course is made up of the following sections:

1. Definitions
2. Next Day Availability
3. Second Day Availability
4. Delayed Availability/Exception Holds

Course Audience

This Regulation CC: Availability Rules online training course was designed for bank frontline and deposit operations employees.

If you have any concerns as to whether this course is appropriate for you or your industry, please browse our full selection of online courses.