ECCHO Rules 8 and 9 (W)
Credit
NCP:0.6
Description
This session focuses specifically on ECCHO Rule 8, regarding Remotely Created Checks, and Rule 9, which deals with the warranty around forged and counterfeit items. Participants will be provided a detailed understanding of these most frequently used rules under a private sector exchange. We will further discuss how the processes for these two rules differ from return processing through the Federal Reserve Bank. Frequently asked questions will also be highlighted.