Event Details*
UCC Series: Wire Transfers: Tuesday, March 29, 2022
UCC Series: Checks: Tuesday, April 12, 2022
UCC Series: ACH: Tuesday, April 26, 2022
2:00 - 3:15 pm ET
Webinar; 4.5 AAP/APRP 1.5 NCP CEU Eligible (for all sessions)
Learning Level: Intermediate
Event Registration**
Member Price: $425.00
Non-Member Price: Members Only
**Must register before March 29, 2022 to receive this price
The Uniform Commercial Code (UCC), also known as “the backbone of American commerce” is a comprehensive set of laws governing commercial transactions in the United States. It is not federal law, but a uniformly adopted state law. Largely this means that financial institutions and businesses can enter into agreements, or contracts, for transaction services without worrying about conflicting state laws. While some state court decisions may alter interpretations of the UCC, largely, the UCC is a standard for establishing liability, warranties, obligations, and contract provisions.
The UCC is split into multiple articles. Each article has a unique function that creates specific requirements of each party entering into a contract. Institutions can find themselves in a position of increased liability if specific provisions are not properly addressed, or if they attempt to shift liability to a business client where the UCC strictly prohibits it.
This three-part series explores the junction of UCC with three payment systems: Wire Transfers, Checks, and ACH. Each session will delve into specific contract provisions, requirements, and areas of risk when contracting with clients to provide transaction services.
Please note that The UCC Series sessions do not allow multiple users to register at no additional cost. The registration cost listed above is per person.
Speakers:
Sandy Cinelli, AAP, APRP, CAMS, NCP, Senior Director, Education, NEACH
Rayleen M. Pirnie, BCJ, AAP, CERP, Director, Risk & Fraud, NEACH
Mark Hargrave, Partner, STINSON LLP
Tom C. Witherspoon, Attorney, STINSON LLP
Audience:
• AAPs
• ACH Coordinator
• APRPs
• Audit
• Cash Management
• Check
• Financial Institutions
• NCPs
• Operations
• Product Management
• Risk/Compliance
• Sales /Marketing
• Training Director
• Treasury Management
• Wire
*Please note that the access information will be sent to you in a separate email upon receipt of payment. Access information and support are only provided during normal business hours.