Regulation CC – Exception Holds

This Regulation CC: Exception Holds online training course explores exceptions in the availability rules of Regulation CC. Regulation CC, implemented by the Expedited Funds Availability Act, provides for exceptions that allow banks to exceed the maximum hold periods specified in the availability schedules and their bank’s policy. In this course we will discuss the exceptions that can be made in which the availability of funds may be delayed.

Course Learning Objectives

By taking this online Regulation CC: Exception Holds 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
• When a deposit is considered received
• The different types of exception holds
• How to ensure compliance for each type of exception hold
• How to provide appropriate notice when an exception hold is place

Course Outline

This online Regulation CC: Exception Holds course is made up of the following sections:

1. Definitions
2. Exception Holds
3. Notice of Exception Hold

Course Audience

This Regulation CC: Exception Holds 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.