Check Warranties & Indemnities: Understanding UCC 3 & 4

Date:

Jul 31, 2025

Register

Do you know the difference between an ACH warranty and an indemnity?

Do you understand the key protections and obligations for checks under the UCC? What are your institution’s rights and responsibilities? What is your liability for forged or altered checks? Don’t miss this practical program which will answer these questions and more.

Agenda

Thursday, July 31st, 2025
90 minutes
11:00 am EDT

Navigating the complexities of check payments requires a solid understanding of the warranties and indemnities involved. This webinar will provide a comprehensive overview of the key protections and obligations associated with checks under the Uniform Commercial Code (UCC) Articles 3 and 4. It will demystify the concepts of transfer and presentment warranties, explore the circumstances that trigger indemnity obligations, and discuss practical strategies for managing risk and mitigating potential losses related to check fraud and errors. This session will equip you with the knowledge necessary to confidently handle check transactions and understand your institution’s rights and responsibilities.

Topics

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Define and differentiate the transfer and presentment warranties
  • Identify a valid breach of warranty claim
  • Respond accurately to a breach of warranty claim
  • Recognize the specific warranties that a financial institution makes to its accountholders and other parties
  • Understand liability for forged versus altered checks

TAKE-AWAY TOOLKIT:

  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits
Speaker(s)

Michele Barlow is the Senior Vice President at Macha/PAR (Everything Payments, Everywhere), a payments association with offices in Wisconsin and Maryland.  She is responsible for development and execution of association training and certification programs, conference and event planning, and member service.  Michele is a past member of Nacha’s Blue Ribbon Panel and a current member of the Payments Institute’s Board of Regents and the APRP Oversight Panel.  She is active on other national committees, and a frequent speaker at industry events. 

Prior to joining Macha in 2009, Michele was a corporate trainer for a financial institution.  She obtained her AAP and NCP certifications in 2010 and 2011 respectively and has been granted the APRP designation.  She holds a bachelor’s from the University of Wisconsin.

Additional Information

Who Should Attend?

This informative session is designed for check operations staff, NCP candidates, and compliance staff.

Fees

$279.00

Available Upgrades

  • On-Demand $279.00 per person
  • Live Access + On-Demand $379.00 per person
Association Contact

Elizabeth DeHaven
Education Manager
o: 317-387-9380 
d: 317-333-7169
edehaven@indiana.bank