Legal Issues of Checks

Is check fraud out of control? Yes – and it brings us back to the basic legal issues of checks. There are so many opportunities for poor check handling processes to cause losses for your institution. Is your staff well versed in processing checks – in all their iterations? Join this A-to-Z schooling on the legal issues of checks to learn how to avoid losses and reduce scams.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Understand endorsement rules
• Comprehend your legal responsibilities regarding stop payments and postdated and stale-dated checks
• Identify accountholder responsibilities on sight examination of checks
• Break down who will likely lose on fraudulent items, altered checks, and forgeries
• Use the 600+ page teller handbook that will be provided
• Define what is “knowledge” of death and explain what happens to checks at that point

WEBINAR DETAILS

This program will look at stop payments, stale-dated, and post-dated checks. It will cover check issues, such as sight examination, legal legends, forgeries, alterations, and forged endorsements. You will also learn about check handling issues after death, such as who can deposit what and what can be cleared after death. This primer is a must for all branch staff and management.

WHO SHOULD ATTEND?

This informative session is designed for tellers, new accounts personnel, branch deposit service staff, deposit operations staff, deposit compliance professionals, management, trainers, and anyone who manages checks.