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Effectively Handling Check Returns and Adjustments
March 7, 2018 @ 2:00 pm - 3:00 pm EST$249
This session will discuss the proper handling of returns items and how to meet required return timeframes. Handling of adjustments under the ECCHO Rules and the FRB Rules will be discussed in detail.
What is the difference between a return and an adjustment? What are your rights and responsibilities for these types of exception items? The recent evolution to check collections through image presentment makes understanding the difference even more important. This webinar will address the rights of the paying bank for the return of checks and how to make an adjustment claim against the depository bank when necessary, thus, mitigating and potentially reducing overall risk to your financial institution.
What Attendees Will Learn:
- Proper timeframe for handling Fed adjustments
- Proper timeframe for handling ECCHO adjustments
- Return rules identified in Regulation CC
- Understanding of the returns hierarch
$249 for Live and Playback*
Date of Events
Wednesday, March 7, 2018
Angie Smith, AAP, NCP
SVP – Professional Development – WesPay