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Military Accounts
| Question | Answer |
|---|---|
| who is Military Banking for | Current service members and veterans. |
| What are the additional features on a military account | no service fee, no chase fe on 4 non chase ATM trans, free chs chk designs, free 3X5 SDB, free MO, ofc chk, TC and GC, free chase mobile, & online bank & OLBP |
| How many addtional free accounts can a military account holder have? | 4 2 additional premier plus checking accounts, a chase plus savings account, and a business select checking account |
| What additional services do active duty or reservists enjoy with their direct deposit? | no chs fee on all non-chs ATM transactions, no chs fee on incoming and outgoing wires, no 3% foreign exchange fee overseas dr crd/ATM transactions |
| t or f military mbrs with business banking and mtg needs can also enjoy exclusive benefits? | true |
| what is the web address to see more military information? | chasemilitary.com |
| STA | Securities Transfer Association |
| Does the custoemr getting a medallion guarantee need to be a customer of chase? | yes |
| Article 8 of the Uniform Comm Code (UCC) | This is all states and in DC. |
| What does the Banker look for when guaranteeing a medallion signature? | 1) genuine sig 2) signer appropriate person to endorse 3) signer has legal capacity to sign |
| Who is appropriate to endorse for a madallion signature? | 1) person on security 2) if desig person is deceased, does signer have rights to sign for estate 3) if person lacks capacity, is there a guardian? |
| Sec Rule 17ad-15 | can take signature guarantee from any institution that qualified for a medallion program |