EFTA Document EFTA01417011

Subject: Re: Excessive Transactions March 2019 Account [I] From: Stewart Oldfield Date: Mon, 01 Apr 2019 To: dboi oversight Cc: Ryan Neumann Surendra Sin Teresa Metal Debra Jasper Bradley Gillin Bcc: 17:48:42 -0400 Thanks. Let me look into what happened here and come back to you. Stewart Oldfield, CFA, CAIA Deutsche Bank Trust Company Americas Deutsche Bank Wealth Management 345 Park Avenue. New York, NY 10154 Tel. Mobile Email Securities offered through Deutsche Bank Securities Inc. On Apr 1, 2019, at 11:41 PM, dboi oversight wrote: > Excessive Transactions December 2017 Account Classification: For internal use only Hello Stewart, Please be advised that the below listed money market account has exceeded the allowed number of transactions on Date (03/29/2019). You are receiving this email because you are the banking officer on this account. Letter to the client will be sent out on (04/04/2019) notifying them of the violation. If it is the third violation, the account must be converted to a transactional account (i.e., DDA or NOW) within 10 days from the date of the final notice. In the event a subsequent transaction is posted to the non- transactional account post 3rd violation, during the 10 day grace period, the funds must be transferred to a transactional account immediately. If you think your client's violation is due to a bank error, please respond to both myself and Ryan Neumann in Compliance with your reason and it will be reviewed. If we do not receive a response in next two business day, we EFTA01417011 will assume you are not disputing this violation and letters will be sent according to Federal Regulations. Acc # Southern Trust Company, 1st violation Please advise your client about the Regulation D requirement allowing only 6 transactions per month. <image003.jpg> 8 Transactions- Preauthorized Debit Thanks & regards, Oversight & Escalation Team Oversight & Escalation DBOI Global Services Private Limited COO Wealth Management Operations A-1 & A-2, Evolve - Mahindra Technology Park, Inside Mahindra World City - SEZ, 302029 Jaipur, India EFTA01417012