Check Returns: Past the Point of Redemption

Checks have a limited time frame to return and there is no extended return window for fraudulent checks or other exception items. So, what do you do if a check is past the point of return? Join us to find out how to handle exception items after the return window has passed. During this webinar, we will define the time frame for returns and certain adjustment types. We’ll also look at how the Uniform Commercial Code (UCC) warranties come into play including the warranties that a Depositary Financial Institution makes to a Paying Financial Institution and how the breach of warranty process works. Together, we will work through fraudulent check scenarios to determine if a check can be returned or adjusted, or if a breach of warranty claim can be filed. 

• Employee training log
• Interactive quiz
• PDF of slides and speaker’s contact info for follow-up questions
• Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.