Remotely Created Checks are often viewed as the “ugly stepchild ” of the check world, but they still fill an important and vital role in payment processing. To limit your liability associated with these items, it is important to understand your rights and responsibilities, both as a Paying Bank, or the Bank of First Deposit.
This check webinar will discuss these items in detail and walk you through the transaction from authorization through the return or adjustment process. This session will also highlight the difference between Remotely Created Checks (RCCs) and Electronically Created Items (ECIs).
Angie Smith currently serves as the Senior Vice President of Professional Development Events at WesPay, where she is responsible for member programs supporting the AAP and NCP accreditations. Angie is a recognized industry expert in both paper and electronic payments regulation. She brings thirty years of payments experience to WesPay Advisors and has worked for leading payments organizations, including Federal Reserve Bank, Viewpointe, and MACHA – The Mid-Atlantic Payments Association. She consults to financial institutions in the areas of payments regulations and process improvement. Prior to joining WesPay, Angie spent seven years at various regional payments associations and was responsible for managing education and consulting services to financial services. Angie spent over thirteen years at the Federal Reserve Bank, where she was responsible for processing handling of checks, returns and adjustment.Angie currently serves on the ECCHO Editorial Board for the NCPC Program. She also holds an AAP and NCP accreditation.
1.0 CPE Credits & 1.2 AAP Credits