Endorsements - Consumers, Businesses and Fiduciaries
Tuesday, August 20th, 2019
- Who is the person entitled to endorse the check?
- What is a valid endorsement?
- Bearer verses Order Checks
- Who is the holder of a check, and what is the holder in due course?
- Ambiguous endorsements
- Endorsements for minors, deceased parties, business accounts
- Witnessed endorsements
- Check cashing issues for business accounts
- Endorsements on income tax checks
- Trustee and power of attorney endorsements
- The simplest rule about checks that will save your financial institutions thousands of dollars!
- The connections between checks and account agreements if you have not signed the signature card you cannot get the money
- Postdated, stale dated, erasures, alterations and more lessons we need to learn
- Why your institution needs to know about the negligence rule and the bank statements rule
- Should we check endorsements and sent them back as “missing”?
- Treasury checks, postal money orders and other special checks
- Why we absolutely do not give cash back, cash or deposit into personal accounts checks made payable to a business.
Who Should Attend? This webinar will benefit tellers, head tellers, cashiers, managers, branch operations, bookkeeping, compliance officer who approve checks and deposit representative who work with checks and accounts.
Presenter: Deborah Crawford is the President of Gettechnical Inc., a Virginia based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, Deposit Regulations and opening account procedures. She was formerly with Hibernia National Bank (now Capital One) and has bachelor’s and master’s degrees from Louisiana State University. She has 30+ years of combined teaching and banking experience.