Cash Advances and Reversals

A modern bank setting with a focus on credit cards and cash advances, including an ATM and a staff member assisting a customer, in a well-lit environment.

Cash Advances and Reversals Quiz

Test your knowledge on the procedures and regulations surrounding cash advances! This quiz is designed for individuals familiar with credit card operations, helping you to understand cash advance processes deeply.

12 engaging questions
Multiple choice, text, and checkbox formats
Instant feedback on your answers

12 Questions3 MinutesCreated by CheckingBalance927

Which credit card(s) are we able to provide Cash advances for?

Platinum Credit Card

Achieve Credit Card

Celebrate! and Connect!

Cash Advances between $3000-$10000 must be recorded on?

Cash Advance Log (CAL)

Monetary Instrument Log (MIL)

Currency Transaction Report (CTR)

Suspicious Activity Report (SAR)

Which Transaction Type is chosen for Cash Advance Reversals?

Cash Advance

CSC Credit Card Adv Reversal

ITM/ATM Cash Withdrawl Adj

ZZZ Clearing

Cash Advances above what amount should be approved by Branch or ITM Leardership

3000

7000

5000

10000

Non-members can utilize the ATM functionality of either an ITM or ATM to process a cash advance.

True

False

Who do we contact if a Cash Advance is Declined?

Member Services

Member Solutions

Accounting

OPS Support

Refusal of Sale is Permitted for which reason(s)

There is no signature on the back of the card, and the cardholder refuses to sign the card.

The member has an attitude

The member looks shady

The name on identification is not the same as the name on the card.

Cash Advances and Reversals

Cash Advances and Reversals Quiz

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