Unauthorized Checks and Timely Returns
Time & Location
About the event
Counterfeits, forgeries, altered checks, unauthorized remotely created checks: what do you do when a member tells you an unauthorized check has paid against their account? This session will review the UCC, and Regulation CC warranties made by a depository bank when it presents checks for payment to a paying bank, and the obligations of a paying bank when it pays unauthorized checks. Join Corporate Central and ECCHO for to learn about and understand timely return requirements as specified by the UCC midnight deadline and the Regulation CC expedited return warranty made by a paying bank when it returns a check.