Fri, Aug 27|
Warranty Breaches & Dealing Direct
Understanding the warranties made when forwarding checks for collection and how to deal with a breach is key to the timely resolution of posting errors
Time & Location
Aug 27, 2021, 2:00 PM EDT
About the event
BBKY & ECCHO Invite You to Attend a Free Check Education Series Event!
Event Date: Friday, August 27, 2021
Event Time: 2:00 PM EDT/1:00 PM CDT. (Event will last approximately 1 hour)
Event Title: Warranty Breaches & Dealing Direct
Event Location: Live Webinar
Event Description: Every financial institution that accepts checks for deposit and is presented with checks for payment is subject to the potential of making and receiving breach of warranty claims against another financial institution; most warranty breach claims cannot be resolved through an adjustment platform. Understanding the warranties made when forwarding checks for collection and how to deal with a breach is key to the timely resolution of posting errors. This 60-minute session will review the basic warranties found in Regulation CC and UCC 3&4 that are made by each party in the collection of a check. We will also cover the steps to take to make and respond to claims in order to comply with the appropriate regulations.
Meet Presenter Dal Bolt, NCP, AAP Dal is a veteran of the banking business and has held senior management positions in commercial banking and the credit union industry. His experience includes bank and branch operations, fraud and security, training, and education and he has served as BSA Officer. Dal has expertise in compliance, product development and implementation, Check and ACH rules, regulations, and payments risk management. Dal acquired both the National Check Professional (NCP) certification and the Accredited ACH Professional (AAP) certification. Currently, Dal is Director of Education for ECCHO, a division of The Clearing House.
Who Should Attend: Community Bank Operations, Bookkeeping, Check Research, Compliance, and Risk Management Staff.
Register Today to Attend: www.bbkyconferences.com IE Browser may not be supported.
This Session Qualifies for NCP Continuing Education: 1 CE Credit
Attendees will be automatically registered to win a $50.00 Amazon Gift Card!