Product Page - Check Exceptions: Returns & Adjustments - Overview & Federal Reserve Adjustments
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$350.00 USD
Recording Date(s): March 18, 2025
Cost in Education Club tokens: 2 tokens
Speaker(s): NCP Exam Prep Series Trainers (Various Payment Associations)
Length: 60 minutes
Description: Navigating the complexities of check returns and adjustments is essential for financial institutions to ensure compliance and efficient processing. This webinar will clarify the key differences between check returns and adjustments, including the legal framework that governs each process. Attendees will gain insight into the factors that influence the decision to return or adjust a check and will explore the distinctions between Customer Returns and Administrative Returns, along with their respective processing obligations. The session will also provide an overview of the Federal Reserve Bank’s Operating Circular 3 and its role in check processing, as well as a review of common check adjustments handled by the Federal Reserve Bank.
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:
Cost in Education Club tokens: 2 tokens
Speaker(s): NCP Exam Prep Series Trainers (Various Payment Associations)
Length: 60 minutes
Description: Navigating the complexities of check returns and adjustments is essential for financial institutions to ensure compliance and efficient processing. This webinar will clarify the key differences between check returns and adjustments, including the legal framework that governs each process. Attendees will gain insight into the factors that influence the decision to return or adjust a check and will explore the distinctions between Customer Returns and Administrative Returns, along with their respective processing obligations. The session will also provide an overview of the Federal Reserve Bank’s Operating Circular 3 and its role in check processing, as well as a review of common check adjustments handled by the Federal Reserve Bank.
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.
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