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Take advantage of ICBA webinars, seminars, and other events to help you stay ahead of the competition. We offer a variety of courses to fit every need and schedule.
Start: November 06, 2024 11:00 AM CST
Finish: November 06, 2024 12:00 PM CST
Each method of returning a check to the Depositary Bank, whether through a return or an adjustment, has distinct advantages and potential impacts on customers.
As a follow up to the Check Rules & Regulations session, participants will hear from industry experts as they discuss the Paying Bank's legal right to return a check within strict deadlines compared to the more flexible time frame for check adjustments. Topics also include the most common adjustment types seen by the Federal Reserve Bank, the differences in the adjustment process based on the clearing path, and when and how to make a breach of warranty claim.
Learning Objectives:
Duration: 90-minutes
Each method of returning a check to the Depositary Bank, whether through a return or an adjustment, has distinct advantages and potential impacts on customers.