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Payments Education

Remotely Created Checks (RCCs)

Type: On Demand
Duration: 30 Minutes
Date & Time:

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.

Discounted rates will appear when signed in as a TCHPA FI Member or Corporate Subscriber.