During this program, we will cover three of the big compliance issues that face your frontline. First we will address some of the legal aspects of checks covered in the UCC 3 and 4. This will include stop payments, death issues, endorsements and more. Second, we will look at checks and holds and the reasons for placing those holds. Third, we will examine the “hot spots” on the Currency Transaction Report (CTR) and common errors and misunderstandings of the form.
Who is the best defense against fraud and loss at your Institution? Tellers on your frontline!
Tellers deal with checks every day; however, if they don’t deal with them in accordance with the “law of checks” – that is, the Articles 3 and 4 of the Uniform Commercial Code (UCC) - your institution could face unnecessary headaches and financial loss. Use this webinar to arm yourself and your staff with vital UCC information and examples.