Comprehensive Teller Training: Checks, Compliance & Legal Issues

A check is a unique type of contract where ownership can be transferred by way of the endorsement on the back of the item. This program will look at who has the right to endorse the back of the check and proper endorsement placement. We will look at UCC 3 and 4 filings and learn the rules behind endorsements, stop payments, cashier’s checks, and deceased owner’s checks. Learn about the rules for checks and how to prevent fraud. And, last but not least, we will look at Reg CC check holds to protect your institution and your accountholder.