ECCHO

Check out the newest ECCHOEd Education Session: US Treasury Checks: What you need to know. What are obligations of a financial institution when presenting Treasury Checks to the US Treasury? Understand the obligations, risks and risk mitigation for the handling of US Treasury Checks. WebExWebExWebExWebEx | PDFPDFPDFPDF

Become an NCP and step into a brighter future. Register today and join the growing group of successful payments professionals as a leader and a respected payments expert. Checks valued at trillions of dollars are exchanged each year. Make 2020 the year you become the check expert in your organization! Start TodayStart TodayStart TodayStart Today

Not an ECCHO member? Become an Education Subscriber! For a low annual fee, receive access to the education library and on-call support from our Check experts. Understanding the warranties and obligations of all parties will help you manage and mitigate your check payments risk. More InfoMore InfoMore InfoMore Info

As the U.S. Treasury begins processing CARES Act stimulus payments, known as Economic Impact Payments (EIP), to Americans in response to the COVID-19 pandemic, ECCHO is here to serve as a resource to your institution. To support you during the disbursement of EIP payments, we are sharing several resourcesseveral resourcesseveral resourcesseveral resources.

Recording AvailableRecording AvailableRecording AvailableRecording Available: Check Pain Points; Warranty breaches, unauthorized signatures and alterations: how must a Paying Bank respond to their customer’s claims? How should a BOFD respond to a warranty breach claim? Learn more about warranties and options for resolution of claims of breach.

Although checks are declining, there are still lots of checks written every year with an increasing average value per check. Check out this infographic based on the data reported in the 2019 Federal Reserve Payments Study. Click hereClick hereClick hereClick here

Join the ECCHO Team!

The Clearing House is a dynamic, technologically-sophisticated place to work on issues and services of great importance to the financial industry. Our employees work primarily in New York City, NY Winston-Salem, NC and Dallas, TX. In addition to challenging projects that effect America’s banking system, we offer competitive salaries and benefits, including a 401(k) plan. The Clearing House is an equal-opportunity employer. Click hereClick hereClick hereClick here for more information.