This payments webinar will discuss the proper handling of returns items and how to meet required return time-frames. 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 training 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:
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.