Checks, Mobile Deposits, Substitute Checks: Indemnities, Endorsements & Timeframes
The loser isn’t always who you’d expect. Who is left holding the bag when there are check forgeries, endorsement issues, alterations, or counterfeits? What can you do to protect your institution from today’s rampant fraud losses? Attend this session to get the scoop on proper check handling, timeframes, and your institution’s responsibilities.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Identify the timeframes for check returns, forged endorsements, and forgeries
- Understand who generally takes the loss in each instance
- Follow UCC 3 and 4 and Regulation CC to protect your financial institution
- Review the basic legal issues and liability of checks
- Discover the accountholder’s responsibilities for reviewing statements in your terms and conditions
WEBINAR DETAILS
This webinar will reveal who generally takes the losses on forged endorsements, forgeries, altered items, and counterfeit items. And these days we must also consider mobile deposits and substitute checks. Learn more about timeframes and the roles and responsibilities of both the paying and depository bank. Learn what’s in UCC 3 and 4 about losses and responsibilities. This is a must-attend program in an era when check fraud losses are enormous. Learn how to protect your institution.
WHO SHOULD ATTEND?
This informative session is designed for bookkeeping professionals, deposit compliance staff, security personnel, BSA staff, trainers, teller managers, and deposit operations personnel.
