- This topic has 1 reply, 2 voices, and was last updated 3 months, 2 weeks ago by
.
-
Posts
-
Our ATMs allow balance inquiries, transfers between accounts, and withdrawals. Would the transfers between accounts be considered a deposit taking channel that would require the FDIC digital sign be posted?
Yes, it will be required at an ATM that allows for transfer between deposit accounts. You can find the FAQs here: https://www.fdic.gov/resources/deposit-insurance/questions-and-answers-related-to-the-fdics-part-328-final-rule.html#:~:text=The%20final%20rule%20requires%20that,customer%20may%20transact%20with%20deposits.
NOTICE: This email message, including any attachments, is intended only for the addressee, and may contain confidential and privileged information either as protected work product or confidential client information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, do not read, copy, retain, or disseminate this message or any attachment, and please contact the sender by reply e-mail or at 888.760.5646 and destroy all copies of the original message and attachments. Neither the transmission of this message or any attachment, nor any error in transmission or misdelivery shall constitute waiver of any applicable legal privilege.
THIS EMAIL AND ITS ATTACHMENTS DO NOT CONSTITUTE LEGAL ADVICE
- You must be logged in to reply to this topic.