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|Event Name:||Teller Compliance Issues: UCC 3 & 4 Issues, Reg CC and CTRs|
|Date:||Thursday, November 15, 2018 1:30pm CST|
|Panelist(s) Info:||Deborah Crawford (Bio)
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.
|Credits:||2.5 CE Credits|
Save thousands on check losses when your tellers understand holds and checks. Accomplish annual regulatory training requirements for tellers. Receive a Teller Handbook.
Understanding endorsements and handling checks is crucial to making sound check cashing decisions. A check is a unique type of contract where ownership can be transferred by way of the endorsement on the back of the item. This program will look at who has the right to endorse the back of a check, and where is proper endorsement placement. We’ll also look at what happens if a check is not endorsed properly, when it may be best not to accept the check at all due to missing or problem endorsements and why we do not put business checks into personal accounts and why we do not give less cash on business accounts. Many “tricky” issues will be discussed, such as deceased customers, business accounts, endorsements for minors, income tax check endorsements, trustee endorsements, and endorsements by powers of attorney. Learn the safe way to handle checks and be sure that you and your financial institution can be protected from loss on the negotiable instruments.
Also, in addition to the information on checks we will cover two regulatory aspects of the teller’s position—Regulation CC Holds and the completion of the CTR. Your teller will receive an overview of the hold process and decision making required to place a hold and then can choose the right hold for the situation. Your teller will also receive the basics of the Currency Transaction Report and its sections.
You will receive an electronic teller manual on this information.
What you will learn:
Who should attend?
Tellers, Head Tellers, Branch Managers, Back-up Tellers, Floaters, Branch Operations, Training, Compliance, Security and BSA.