Dates of Event & Pricing

$295 for Webinar and Playback*

*Playback has no expiration.

  • Friday, May 21, 2021

  • 12:00 – 1:00 pm (Eastern Time)

  • 11:00 – 12:00 pm (Central Time)

  • 10:00 – 11:00 am (Mountain Time)

  • 9:00 – 10:00 am (Pacific Time)

Curriculum

Lockbox Service is a service offered by financial institutions to ease the Electronic Bill Payment and used as a way to speed-up the collection and processing of account receivables by having those organizations' customers' payments and remittance documents mailed directly to a centralized location.  There is an efficiency gain for implementing lockbox for clients based on their need to handle large volume receivables.   This webinar will focus on how to effectively implement a lockbox program, the risks associated with lockbox and risk management requirements for effectively mitigating all applicable risks.  

Topics include:

  • Defining Lockbox services 
  • Options for implementing lockbox services 
  • Performing your risk assessment for the implementation of lockbox services
  • Knowing when a lockbox options is optimal for your business clients


Who Should Attend?

  • Treasury Sales
  • Treasury Operations
  • Account Officers
  • Relationship Officers
  • Chief Credit Officers
  • Electronic Banking 
  • BSA/AML Officers and Support Staff
  • Risk Managers
  • Deposit Operations
  • Compliance Managers
  • Internal Auditors

Instructor

  • Terri Sands

    Terri Sands

    Secura Risk Management / Founder


    Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri also served as the President of GACHA, a non-profit, regional payments association where she provided strategic direction for financial institutions in the payments industry. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District.

Credits

1.0 CPE Credits & 1.2 AAP Credits