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Check Indorsements* in an Image World

Are proper check indorsements* crucial in today's image environment? You bet. Check indorsement provisions written into the Uniform Commercial Code (UCC) years ago are still relevant in today's imaging environment. Learn the various types of indorsements and how UCC and the Regulation CC Remote Deposit Capture (RDC) Indemnity added in 2018 can be applied to each. Join us to find out which institution holds the bag for forged and improper indorsements and how restrictive indorsements can help Depositary Banks in an RDC indemnity situation. Together, we will walk through scenarios to examine the payee to determine what type of indorsement is proper for the situation. Leave with an understanding of indorsement requirements that will help your institution mitigate compliance, fraud and operational risk.

*UCC Spelling