Dictionary of Banking Terms: surveillance
surveillance
- monitoring system that alerts banking regulators to sudden changes in a bank's condition. The Comptroller of the Currency has an electronic early warning system, the National Bank Surveillance System (NBSS), that watches changes in a national bank's financial condition compared to banks of similar size. The NBSS system helps the Comptroller's office keep track of banks in need of special attention.
- video cameras and other security systems used to monitor teller line and automated teller machine transactions. Film from monitoring systems can be used to document robberies, unauthorized withdrawals, and other disputed transactions.
