Dates of Event & Pricing

$395 for Webinar and Playback*

*Playback has no expiration.

  • Both Parts: Monday, July 31, 2023

  • 12:00 – 1:00 pm & 2:00 – 3:00 pm (Eastern Time)

  • 11:00 – 12:00 pm & 1:00 – 2:00 pm (Central Time)

  • 10:00 – 11:00 am & 12:00 – 1:00 pm (Mountain Time)

  • 9:00 – 10:00 am & 11:00 – 12:00 pm (Pacific Time)



Bankers need to have a thorough understanding of Uniform Commercial Codes (UCC) 3 and 4, as well as Regulation CC, in order to operate effectively within the banking industry. 

  • A lack of understanding of UCC 3 could lead to errors in processing transactions, which can result in significant financial losses for banks and their customers. 
  • Bankers need to be familiar with UCC 4 to ensure that they are compliant with all regulations related to deposit and collection of funds. 
  • Finally, understanding and complying with Regulation CC is crucial for banks to maintain customer satisfaction and avoid regulatory penalties. 

Overall, knowledge of UCC 3 and 4, as well as Regulation CC, is essential for bankers to operate in a safe and effective manner and to maintain the trust of their customers.

Join Wespay, the Regional Payments go-to authority on checks, negotiable items in general and so much more, for this critical 2-part series that will give you and your team everything they need to know for staying compliant with each of these regulations.

In Part One - Uniform Commercial Code of this two-part series, we will review of the check payment system’s regulatory foundation, focusing on UCC. 

  • Uniform Commercial Code Overview
    • UCC 3 - Overview of Negotiable Instruments
    • UCC 4 - Bank Deposits and Collections
    • UCC Transfer Warranties
    • UCC Presentment Warranties
    • Statute of Limitations

  • UCC 3
    • Negotiable Instruments
    • Checks and Demand Instruments 
    • Elements: Payable To, Date, Amount, Payee
    • Indorsements
    • Negotiation
    • Holder in Due Course
    • Official Checks, and Stop Payment Liability
  • UCC 4
    • Final Payment
    • Return Items and 'Midnight Deadline'
    • Rights to Stop Payment
    • Stale-dated items
    • Customer Death and Chargebacks

In Part Two - Regulation CC, we will look at the regulatory foundation with a discussion of Regulation CC, part of the Code of Federal Regulations (CFR). 

  • Subpart A - General
    • Definitions
    • Electronic Checks
  • Subpart B - Funds Availability
    • Availability Schedules
    • Exceptions to Availability Schedules
    • General Disclosure
  • Subpart C - Collection of Checks
    • Indorsements
    • Depository/Paying Banks
    • Non Payment
    • Electronic Check Warranties
    • Remotely Created Checks
    • Restrictive Indorsements
    • Electronically Created Items

  • Subpart D - Check Substitution
    • Defined
    • Warranties and Indemnities
    • Check 21 Compliance  and Liabilities

Scenarios will be used to illustrate key warranties and how breach of warranty situations may be handled.


Wespay, VP - Events Patty Presta

Patty Presta, AAP is responsible for developing and providing education and training to WesPay members through in-person workshops and webinars. She also serves as a staff Advisor to the Education advisory group. Patty has been with WesPay since 2004, and is an Accredited ACH Professional (AAP) through NACHA. Prior to joining WesPay, she developed her skills with the New England ACH Association (NEACH) as their Assistant Vice President of Education. She also holds both AAP and NCP accreditations.


2.0 CPE and 2.4 AAP Credits