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Regulation CC: Funds Availability Act - Overview

Regulation CC establishes the basic rights, liabilities, and responsibilities financial institutions have regarding the availability of consumer deposited funds. This Regulation CC: Funds Availability Act - Overview online training course provides an overview of funds availability rules, required notices, returning of checks, and substitute checks. This course is intended for frontline staff and those who make decisions regarding holds and the paying of checks.
SKU: P0107EN
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Regulation CC, also known as the Expedited Funds Availability Act, establishes the basic rights, liabilities, and responsibilities financial institutes have regarding the availability of deposited funds. Regulation CC also outlines the rules and regulations banks must follow pertaining to substitute checks.

This Regulation CC: Funds Availability Act - Overview online training course provides an overview of funds availability rules, required notices, returning of checks, and substitute checks.  This course is intended for frontline staff and those who make decisions regarding holds and the paying of checks.  

Course Learning Objectives

By taking this online Regulation CC: Funds Availability Act course, the user will learn to:

  • Acknowledge when funds must be made available for withdrawal
  • Know when and how to notify the customer of delayed availability
  • Review that you and your bank are disclosing the banks funds availability policy accurately
  • Ensure the return of a check to the depository bank is done in a timely and correct manner
  • Understand the basic rules regarding Check 21 and substitute checks

Course Outline

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

  1. Regulation CC and Availability of Funds
  2. Next Day and Second Day Availability
  3. Exception Holds/Delayed Availability
  4. Exception Hold Notices and Fees
  5. Disclosures
  6. Return of Checks and Substitute Checks

Course Audience

This Regulation CC: Funds Availability Act online training course was designed for frontline staff and those who make decisions regarding holds and the paying of checks.  

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.

Products specifications
Course LanguageEnglish
Length Range30 Minutes or Less
Length (Hours)0.5
Course FeaturesAudio, Mobile, Accessible
Module Number(s)40872EN