The effective date for the new Regulation CC amendments is right around the
corner. Is your operations department prepared? This webinar distills the
232-page final rule into the top 25 things you need to know regarding updates to
check collection and return provisions. Learn how these changes will impact your
institution. This webinar will provide the knowledge needed to update policies
and procedures and include an accelerated action plan for successful
implementation by the July 1st deadline.
- Detailed overview of the new check collection and return requirements
Differences between an electronic check and an electronically created item
New warranties and indemnities and how liability may, in some cases, be
shifted to your accountholder
- Procedures to ensure returns are processed in
an expeditious manner
- Accountholder notifications and when they are required
Additional proposed changes to Reg CC
Dawn Kincaid, Brode Consulting Services, Inc.