Event Registration - Upper Midwest ACH Association
When online registration has closed, please email info@umacha.org to register.
10:00 AM - 11:00 AM CST
Check Basics: Legal Framework and Warranties
11/29/202310:00 AM - 11:00 AM CST
Event Description
Checks are one of the oldest forms of payment and, as of 2022, the Federal Reserve Bank of Atlanta reported nearly 3.4 billion commercial checks were processed throughout the year. During this session, we will discuss the legal framework of check processing – the federal regulations and state laws that prescribe the rights and responsibilities of participants, including warranties that are made. This session also explores considerations for accepting and paying checks, as well as a review of special considerations that are unique to handling checks drawn on the United States Treasury.