Earn 11.8 National Check Professional (NCP) continuing education credits with this convenient, self-paced package! The package includes seven recorded sessions covering essential topics like UCC Articles 3 & 4, Regulation CC (Parts 1 & 2), exceptions and adjustments, check fraud and risk mitigation, cashier’s check handling and fraudulent check detection. Designed for busy professionals, it also includes a certificate of completion and ECCHO continuing education reporting information to simplify the filing process. Whether you're maintaining your NCP certification or expanding your expertise in check processing, this flexible, comprehensive package makes it easy to stay compliant and informed.
Member Price: $445.00 / Non-Member Price: $890.00 *Member price will adjust after adding the Package to your cart.
Exam Fee Not Included
CEU Information: 11.8 NCP credits available
This package includes the following recordings:
Universal Commercial Code (UCC) 3 & 4 (2 credits)
This course lays out the legal framework of the check processing network by covering Articles 3 and 4 of the Uniform Commercial Code (UCC), which is state law. Article 3 covers negotiable instruments and responsibilities of the parties to the instrument. Article 4 covers check collection, payment, liabilities, time frames and responsibilities. Scenarios will be provided to illustrate key provisions.
Regulation CC Part 1 (1.6 credits)
This course focuses on Subparts A, B and D of Regulation CC and lays the regulatory foundation, as well as how the regulation works as part of the Code of Federal Regulations (CFR). You will also learn the background surrounding Reg CC amendments, definitions, general provisions and the X9 standards that are now referenced within the regulation.
Regulation CC Part 2 (1.6 credits)
This course focuses on Subpart C or Regulation CC including definitions and warranties related to electronic checks and the Remote Deposit Capture (RDC) and Electronic Commerce Indicator (ECI) Indemnities added to the regulation. Electronic checks, electronic returned checks, and impact to the image exchange process will also be covered. Brief scenarios are included to explain key warranties and how breach of warranty situations may occur.
Exceptions, Returns & Adjustments (2.2 credits)
What happens when an item cannot be immediately processed and needs special handling? This session will focus on exception situations and how to handle common “what do I do when…” scenarios. Learn how to identify conditions that warrant handling an item as a return versus an adjustment and related timing. Common errors and how to handle them through the Federal Reserve and ECCHO Rules, as well as a review of U.S. Treasury reclamations handling will also be covered.
Check Fraud, Risk and Risk Mitigation (2 credits)
This course provides an overview of the Federal Financial Institution Examination Council (FFIEC) guidance for financial institution examiners, including specific guidance on risk management. An overview of payments fraud, reviewing types of fraud, ways to mitigate fraud and risk and the four main areas of focus for Business Continuity Management will also be covered.
The Tangled Web of Cashier’s Check Handling (1.2 credits)
Are cashier’s checks considered guaranteed funds? You bet! This is why you should never return a cashier’s check as a stop payment. So, what do you do if there is an issue? Join us to examine what the Uniform Commercial Code says about cashier’s checks, who is liable if the item is lost, stolen or destroyed and when a financial institution should replace one. What your account holders should know before purchasing a cashier’s check will also be covered.
Don’t Fall for Frightening Fraudulent Checks (1.2 credits)
In today’s image environment, fraudsters are able to produce authentic-looking checks, making it difficult for financial institutions to spot signs of tampering. So how do you tell the difference between an altered check and a counterfeit check in today’s image environment? Learn how to distinguish between these two common types of check fraud and what you need to know when handling fraudulent checks.