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Holder in Due Course (HIDC) and the Remote Deposit Capture (RDC) Indemnity

Tuesday, November 17, 2020 10:00 AM - 11:00 AM Central Time (CST)

Regulation CC’s RDC Indemnity addresses the risk of the paper check that was accepted for remote deposit entering the payment stream and assigns responsibility to the RDC Bank of First Deposit. The depositor or BOFD who accepted a paper check may have Holder in Due Course (HIDC) rights in the event of a chargeback due to an RDC indemnity claim. Join Corporate Central and ECCHO for this 60-minute webinar where we will review the terms of being an HIDC, and discuss how that legal status has consequences when RDC indemnity claims are resolved.

Earn 1 NCP CE credit through this session.

No cost to attend. 

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Corporate Central Credit Union
6262 South Lowell Place, Muskego, WI 53150
Phone: (800) 242-4747 | Fax: (414) 427-3700
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