Turn your knowledge of check law into investigative skill!
In this hands-on session, you’ll join a two-bank task force to unravel “The
Case of the Vanishing Check,” a real-world scenario where duplicate images,
counterfeit creation, and late returns collide. As the mystery unfolds, you’ll
apply the UCC, Regulation CC, ECCHO Rules, and Federal Reserve Operating
Circular 3 to determine who owes whom—and why.
Through collaborative evidence review and guided
discussion, participants will:
- Analyze presentment and
transfer warranties, indemnities, and return deadlines.
- Distinguish between altered,
counterfeit, and duplicated checks—and understand how each changes
liability.
- Apply holder-in-due-course
and PETE concepts to modern clearing environments.
- Evaluate adjustment options
and draft a breach-of-warranty “verdict.”
Whether you work in
deposit operations, item processing, or risk management, this interactive case
study will sharpen your ability to navigate complex check disputes with
confidence and compliance.