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Warranty Breaches and “Dealing Direct”

Tuesday, October 19, 2021 10:00 AM - 11:00 AM Central Time (CST)

Every financial institution that accepts checks for deposit and is presented with checks for payment is subject to the potential of making and receiving breach of warranty claims against another financial institution; most warranty breach claims cannot be resolved through an adjustment platform. Understanding the warranties made when forwarding checks for collection and how to deal with a breach is key to the timely resolution of posting errors. Join Corporate Central and ECCHO for this 60-minute session that will review the basic warranties found in Regulation CC and UCC 3&4 that are made by each party in the collection of a check. We will also cover the steps to take to make and respond to claims to comply with the appropriate regulations.

No cost to attend.

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