Expedited Funds Availability Act (Reg CC)


Explains when funds from deposits must be available for withdrawal and when holds on deposits can be extended, and the timing and content for providing key disclosures. Reviews the terminology used in Reg CC along with the disclosure requirements and endorsement standards, and covers Check 21, including a description of substitute checks.

Updated: Sept. 2017
Re-versioned: Feb. 2016​

Learning Objectives

After completing this course, students will be able to:

  • Differentiate between next day, 2nd day, and extended hold availability schedules
  • Explain and share the primary benefits of Check 21 
  • Describe general disclosure information required for all financial institutions
  • Describe the key rules for returning checks
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Audience

Tellers, new account representatives, branch managers, and any staff members who work with checks and new accounts (NOTE: Reg CC training is mandatory for all affected bank personnel.)

​Course Credits

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​Questions? Please contact training@aba.com for more information.
 

 Benefits of Self-Paced Training

 
  • Ultimate flexibility
  • Quizzes to support learning
  • Mobile format available
 

 Frontline Compliance

 
This course is available to ABA Member banks at no cost under a license agreement. Learn more
 

 Registration & Pricing

 

ABA Member • $95
Non-Member • $130

 

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