Image exchange without appropriate agreements presents an indeterminate amount of risk for the financial institutions involved. This session looks at the fundamentals of what makes a negotiable instrument, and the more complex question of what is eligible for image exchange.
In addition to Remote Deposit Capture practices and issues, we will share Regulation CC updates and the significant changes to compliance and risk management that updates impose.
Returns and adjustments are covered as well, including the timing requirement of a return; what adjustments are allowed by agreement; and the loss allocation between bank of first deposit and paying bank that is allowed under check law.
February 01, 2018
9:00 AM - 3:00 PM Central Standard Time
5555 San Felipe
Suite 100- Marathon Oil Building
Texas DOW Employee Credit Union
Houston, TX 77056