Start Date: 7/14/2021 9:00 AM MDT
End Date: 7/14/2021 10:30 AM MDT
Understanding endorsements and proper check handling are crucial to making sound check-cashing decisions. A check is a unique type of contract where ownership can be transferred by the endorsement on the back. This webinar will explain who has the right to endorse the back of a check and proper endorsement placement. You’ll learn what happens if a check is not endorsed properly; when it’s best not to accept the check at all due to missing or problem endorsements; why business checks are not put into personal accounts; and why cash is not given on business accounts. Many tricky issues will be addressed, including deceased accountholders, business accounts, endorsements for minors, income tax check endorsements, trustee endorsements, and endorsements by powers of attorney. Learn how to safely handle checks and ensure that you and your financial institution will be protected from loss on negotiable instruments.
Attendance certificate provided to self-report CE credits.