Type:
On Demand
Duration:
30 Minutes
Member Fee:
$0
Non-Member Fee:
$379
What is a Remotely Created Check (RCC) and what are the risks of accepting RCCs for deposit? What are the warranties that address paying and receiving RCCs? How must a paying financial institution act on a customer's claim on an unauthorized RCC charged to their account? This session will answer these questions and address the risks and obligations of a depositary and paying financial institution.