Highlights
- Components of a Check.
- How checks move.
- Cash Back Schemes.
- Check washing.
- Basic rules on endorsements to keep you safe.
- Understanding your signature card terms.
- Postdated, stale dated, stop payments, deceased owners and more check issues.
- UCC 3 and 4 who takes the loss on a check.
- Forgeries, Fraudulent Items and Forged Endorsements.
- Regulation CC Holds that may help.
- Refusing a check.
- Sending a check for collection.
- 10 Fundamental Rules to Protect your institution.
Who Should Attend
This session is ideal for tellers, new accounts, branch managers, loan officers, deposit operations, compliance, and training.
