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Product Page - Exceptions: Returns and Adjustments (Federal Reserve Bank)
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Exceptions: Returns and Adjustments (Federal Reserve Bank)
$350.00 USD

Recording Date(s): March 12, 2024

Cost in Education Club tokens: 2 tokens

Speaker(s): NCP Exam Prep Series Trainers (Various Payment Associations)

Length: 60 minutes

Description: What occurs when an item cannot be immediately processed by posting to an account and requires special handling? This session will concentrate on these check exception situations, emphasizing decision-making and determining item disposition. Should it be handled as a return or an adjustment, and how does timing factor into this decision? This session explores adjustments processed by the Federal Reserve Bank, the corresponding rules, and operational considerations for returns.

Important Note: This content is part of the 2025 National Check Professional (NCP) Exam Prep Series and may therefore include references to other webinars in the series, as well as study resources provided by ECCHO for those enrolled in the NCP Exam.​

Continuing Education Credits: 1.2 AAP/APRP/NCP CECs


Additional Information:
  • ​Upon completion of the purchase, the purchaser will be immediately prompted to download a PDF or zip file.  Each PDF will contain a link to view the purchased webinar(s).  Access to the recorded webinar(s) is limited to 60 days following the purchase.
  • UMACHA is required to collect Sales & Use tax, in addition to Municipal tax (city tax), on the services that are provided in the state of South Dakota, and recorded webinars in the state of Minnesota.





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Tags: Accreditation - NCP, Check