You will not be allowed to compare more than 4 products at a time
View compareDescription
Instructor
Articles 3 and 4 of the Uniform Commercial Code (the UCC or the “Code”) outline specific responsibilities for customers and financial institutions when a third-party “fraudster” intercepts the check clearing process or manufactures one on behalf of the customer. This presentation will outline the UCC and discuss the legal obligations for different types of check fraud including altered, forged and counterfeit check fraud. This course will also focus on how financial institutions can recoup from check fraud.
Topics covered in this session
- Defining Uniform Commercial Code
- Financial institution’s responsibilities as the Bank of First Deposit and Payor Bank
- Terms and Conditions regarding a financial institution's customer responsibilities
- How can a financial institution can recover from check fraud
Who Should Attend:
- Credit analysts and underwriters
- Commercial lenders
- Business bankers
- Credit approvers
- Credit managers
- Commercial banking managers
- Loan review officers
- Loan workout officers