Fri, Mar 18

|

Zoom

Indorsement Claims

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Time & Location

Mar 18, 2:00 PM – 3:00 PM EDT

Zoom

About the event

What do you do when your customer tells you that the payee of a paid check claims they never received the funds? What does the presenting bank’s UCC presentment warranty that they are “entitled to enforce” mean? What do you do when you, as a BOFD, receive a warranty breach claim? This session will review indorsements and the UCC presentment warranty and discuss how to resolve a potential warranty breach.