Program Description:
This course provides an overview of the new Check 21
legislation that went into effect on October 28, 2004.
It covers the goals of the legislation, check truncation,
substitute checks, consumer safeguards, expedited
recredit procedures, and what banks must do to
implement Check 21.
After successfully completing this course, the student will be able to:
- Explain how Check 21 will impact customers
and banks
- Describe the key elements of the Check 21 Act
- Explain Check 21 to customers
- Describe what to expect as Check 21 is implemented
Who Should Attend:
Bank personnel who work with checking account
customers.
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