Why do we have a different limit in cashing Federal Gov't Cheques for non clients.
Indemnification Agreement
What must be recorded on the bank of Gov't cheques cashed for non clients.
Identification
The fee is ________for a non client cashing a government cheque.
Waived
If a GOC cheque is _____________ __________ we must call the GOC Redemption Centre.
Stale Dated
What is the maximum amount the government indemnifies the bank for cashing GOC cheques.
FifteenHundred
Where would you find a listing of ID required for non clients to cash GOC cheques.
Brochure
You can cash a GOC cheque with 1 piece of ID that contains a ________and a signature.
Photograph
How many days do we place a hold on a Canadian Cheque
Four
How many days do we place a hold on for a USD cheque.
Fifteen
CCL is the ___________risk the bank is willing to take without placing a hold on a cheque.
Maximum
A client under the age of _________will have a CCL of zero.
Eighteen
A client who has had an account for less than ____________days will have a CCL of zero
Ninety
The CCL provides an indication of the client's ability to ___________the bank should an item be returned.
Reimburse
Do not _______________the CCL to the client.
Disclose
Our system automatically updates the CCL __________________.
Monthly
A client must have sufficient _____________funds in order for us to negotiate an item without a hold being placed.
Cleared
The client's total ___________________picture must be reviewed when negotiating an item.
financial
A hold period is ___________________days.
Business