A to Z on Endorsements
Endorsements run the gamut. This webinar will address issues from the simple to the complex, such as deceased accountholders, business accounts, endorsements for minors, income tax check endorsements, trustee endorsements, and endorsements by powers of attorney. Gain the confidence you need with a thorough understanding of the legal issues of endorsements.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Identify the components required for a legal endorsement
- Understand how fiduciaries endorse checks
- Employ best practices for check cashing and less cash
- Manage remote or mobile deposit checks
- Appreciate the guaranty that the depositary institution makes to those downstream
- Break down best practices on business checks and checks made payable to your institution
WEBINAR DETAILS
Understanding endorsements and checks is crucial to making sound check cashing and deposit decisions. A check is a unique type of contract where ownership can be transferred by an endorsement on the back of the item. This program will cover who has the right to endorse the back of the check and proper endorsement placement. It will also look at what happens if a check is not endorsed properly, when it may be best not to accept the check at all due to missing or problem endorsements, why business checks are not put into personal accounts, and why less cash is not given on business accounts. You’ll learn how to safely handle checks and ensure you and your financial institution can be protected from loss on negotiable instruments. You will not want to miss this webinar!
WHO SHOULD ATTEND?
This informative session is designed for tellers, head tellers, branch managers, officers, trainers, compliance staff, and operations professionals.
