Check Image Exchange
Credits
AAP:1.8, NCP:1.8
Description
The financial industry has long migrated to electronic presentment in all payment channels, including with our beloved paper checks. Most financial institutions offer Remote Deposit Capture, Mobile Deposit and even lockbox services have gone to image. Now that images are cleared through the networks, questions remain regarding the liabilities related to the presentment of images, especially now that the original check may be destroyed. If image quality is not acceptable and a dispute arises over the item, the Depositary Bank may be liable for damages, but how does the industry define an acceptable image? Join WesPay for this informative webinar to better understand check image exchange.
Courses in package: