NCP Exam Preparation Program

Includes a Live Event on 02/24/2020 at 10:00 AM (PST)

For anyone considering sitting for the National Check Professional (NCP) exam or interested in expanding their expertise with checks, this is an excellent program for immersive study. This program covers all aspects related to check rules and regulations, processing via paper and image, product development and exceptions, as well as fraud and risk mitigation. Learn about the recent changes to check regulations and check adjustments. It consists of a series of eleven webinars, plus a two-part review session. Whether you take this program to prepare for NCP accreditation or just to develop your expertise, this program provides a rigorous and thorough study of the ever-changing world of checks.  already an NCP? Earn up to 18 credits by taking this series.

Session Titles and Dates
Webcast from ECCHO - Check Payments, The Basics (link provided to those registered for the exam)
02/24 - Check Payments and Check Processing
02/26 - Regulations – Uniform Commercial Code (UCC)
03/02 - Regulations – Regulation CC – Part 1
03/04 - Regulations – Regulation CC – Part 2
03/09 - Standards & Formats
03/11 - Image Exchange Rules and Agreements: ECCHO Rules
03/16 - Image Exchange Rules and Agreements: Fed OC3
03/18 - Image Exchange Process
03/23 - Exceptions, Returns & Adjustments
03/25 - Check Products
03/30 - Fraud and Risk Mitigation
04/01 - Final Review

Angie Smith, AAP, NCP

SVP, Professional Development Events

Angie currently serves as the Senior Vice President of Professional Development Events at WesPay, where she is responsible for member programs supporting the AAP and NCP accreditations. She is also responsible for the development and execution of the WesPay Certificate programs relating to ACH, Check and Cross-Channel Risk.

Angie is a recognized industry expert in both paper and electronic payments regulation. She brings thirty years of payments experience to WesPay Advisors and has worked for leading payments organizations, including Federal Reserve Bank, Viewpointe, and MACHA – The Mid-Atlantic Payments Association. She consults to financial institutions in the areas of payments regulations and process improvement. Angie has an extensive background in the development and implementation of policies and procedures relating to check/image processing, exception processing, and Remote Deposit Capture product offerings.

Prior to joining WesPay, Angie spent seven years at various regional payments associations and was responsible for managing education and consulting services to financial services. Angie was the director of education where she was responsible for training various financial institutions relating to check processing and image exchange rules and processes. Prior to working in the payments association arena, Angie spent over thirteen years at the Federal Reserve Bank, where she was responsible for processing handling of checks, returns and adjustment.

Angie currently serves on the ECCHO Editorial Board for the NCPC Program. She also holds an AAP and NCP accreditation.

Connie LaChance, AAP, NCP, APRP

Vice President, Education & Training

Before coming to WesPay, Connie has spent nearly twenty years working in the Credit Union industry. She began her career in accounting and quickly became immersed in ACH payments. For over twelve years, she has been in involved in ACH Operations; with the past eight years managing the ACH department at Ent Credit Union and participating in the Federal Reserve’s Retail Payments Advisory Group. Connie currently holds the AAP, NCP, and APRP designations.

John Curtis, AAP, NCP, APRP

SVP, Education & Training

John has over twenty years of experience in payments and has held positions in Treasury Management, Information Systems and Corporate Training and Development. John was Product Manager for Electronic Payments including ACH, EDI and Emerging Payment Technologies for fourteen years at Bank of the West. He has served as Chairman of WesPay’s Education Committee and as an Advisor to the WesPay Board of Directors. John served as the Chairman of the Board of Payments Resource One (PRO). He is a member of the American Bankers Association Task Force on Payments Law and has lectured on payments topics including legal issues, emerging technologies, compliance and risk management.

As Senior Vice President of Education and Training, John Curtis oversees the educational offerings for WesPay to ensure members have access to high quality, timely and relevant training that is critical for success in today’s ever changing payments landscape. Before coming to WesPay, John dedicated the previous fourteen years of his career to the payments arena as a Product Manager for Electronic Payments covering ACH, EDI and Emerging Payment Technologies. He holds the AAP, NCP and APRP accreditations.

Key:

Complete
Failed
Available
Locked
Check Payments and Check Processing (NCP1)
02/24/2020 at 10:00 AM (PST)   |  90 minutes
02/24/2020 at 10:00 AM (PST)   |  90 minutes Do you know the check? Get started with the key definitions, parts of a check, parties to the check, parts of the MICR line and the routing number as discussed in this session. Also included is a payments system overview including a brief discussion of presentment, settlement and float.
Regulations - Uniform Commercial Code (UCC) (NCP2)
02/26/2020 at 10:00 AM (PST)   |  90 minutes
02/26/2020 at 10:00 AM (PST)   |  90 minutes Review of the check payment system regulatory foundation begins with the Uniform Commercial Code. This session will cover UCC Articles 3 and 4 and will provide some scenarios illustrating key provisions.
Regulations – Regulation CC (Part 1) (NCP3)
03/02/2020 at 10:00 AM (PST)   |  90 minutes
03/02/2020 at 10:00 AM (PST)   |  90 minutes Regulation CC Part I and Part II address the final amendments to Reg CC. Part I provides the regulatory foundation with a discussion of Regulation CC as part of the Code of Federal Regulations (CFR). It reviews the background of why Reg CC was amended and then covers the general provisions and definitions.
Regulations – Regulation CC (Part 2) (NCP4)
03/04/2020 at 10:00 AM (PST)   |  90 minutes
03/04/2020 at 10:00 AM (PST)   |  90 minutes Regulation CC Part II introduces new definitions, new warranties and discusses the new RDC indemnity and the new ECI Indemnity. The discussion will include electronic check and electronic returned check within Reg CC and what that means to the image exchange process. Also discussed will be the continued requirement for rules and agreements for image exchange. Scenarios will be used for the trainee to apply their knowledge by illustrating key warranties and how breach of warranty situations may occur.
Standards & Formats (NCP5)
03/09/2020 at 10:00 AM (PDT)   |  90 minutes
03/09/2020 at 10:00 AM (PDT)   |  90 minutes Are all those different X9 standards confusing? This session should help sort them out. From the X9.100-140 IRD standard, to the X9.100-160 MICR standard, to the X9.100-187 image cash letter standard, this session will walk you through the basics. The Universal Companion Document (UCD) TR 47 will also be discussed. The current Return Reason Code standard, X9.100-188 will be reviewed along with the brief overview of ECCHO’s Check Return Code Handbook.
Image Exchange Rules and Agreements: ECCHO Rules (NCP6)
03/11/2020 at 10:00 AM (PDT)   |  90 minutes
03/11/2020 at 10:00 AM (PDT)   |  90 minutes Part I – Image Exchange in the Private Sector: Why are rules and agreements needed for image exchange? This session will answer the question and review the rules for the predominant image exchange models. Part I will focus on the private sector image exchange channel and will focus on the ECCHO Operating Rules and Commentary as updated in July 2018 following the final amendments to Regulation CC.
Image Exchange Rules and Agreements: Fed OC3 (NCP7)
03/16/2020 at 10:00 AM (PDT)   |  90 minutes
03/16/2020 at 10:00 AM (PDT)   |  90 minutes Part II – Image Exchange via the Federal Reserve: This session will again ask the question why are rules needed for image exchange? Part II focuses on the key provisions of image exchange through the Federal Reserve with a review of Operating Circular 3 (OC 3) and how Regulation J is referenced for the warranties. Both OC 3 and Regulation J conforming updates, following the final Reg CC amendments, are discussed. A brief comparison of the key similarities and differences between ECCHO Operating Rules and Federal Reserve’s OC 3 is included at the end of this session.
Image Exchange Process (NCP8)
03/18/2020 at 10:00 AM (PDT)   |  90 minutes
03/18/2020 at 10:00 AM (PDT)   |  90 minutes The image cash letter (ICL) will be discussed in this session with a focus on how the ICL is built based on the image exchange standards. Scenarios will be used to show various processing examples to follow each step in how an image cash letter file is built and how the records are populated to move the image file through a forward or return process and in which operational situations you would need one record type versus another. Detailed examples and handouts will be provided. An overview of the “day in the life of a check” in an image environment will be included which will also cover operational activities from the point of view of the Depositary Bank and then from the viewpoint of the Paying Bank.
Exceptions, Returns & Adjustments (NCP9)
03/23/2020 at 10:00 AM (PDT)   |  90 minutes
03/23/2020 at 10:00 AM (PDT)   |  90 minutes What happens when an item cannot be immediately processed and needs special handling? This session will focus on those exception situations with a focus on decisioning and how to decide item disposition. Should it be handled as a return or an adjustment and how does timing factor into this decision? If the item is sent as a return, what return codes should be included so the item can be properly identified by the depositary bank upon receipt? Common error and adjustment types as handled through both the Fed and private sector are covered in this session including the latest adjustment codes for the new RDC and ECI indemnity claims.
Check Products (NCP10)
03/25/2020 at 10:00 AM (PDT)   |  90 minutes
03/25/2020 at 10:00 AM (PDT)   |  90 minutes Types of checks and check products including the image cash letter (ICL), remotely created checks (RCCs), ARP products including positive pay, controlled disbursement and lockbox are all covered in this session.  A review of Remote Deposit Capture is included as well. A brief overview of the ACH check conversion SEC codes will be included.
Fraud, Risk Mitigation (NCP11)
03/30/2020 at 9:45 AM (PDT)   |  90 minutes
03/30/2020 at 9:45 AM (PDT)   |  90 minutes This session provides an overview of payments fraud with a discussion of types of fraud and ideas for identifying and potentially preventing those types of fraud. The session includes a discussion of the Federal Financial Institution Examination Council (FFIEC) guidance for financial institution examiners including specific guidance on risk management. The six main types of risk are covered including general strategies for managing each. A review of the guidance’s four main areas of focus for Business Continuity Planning are included. This session will wrap up with the latest FFIEC guidance for RDC risk management.
NCP Final Review
04/01/2020 at 10:00 AM (PDT)   |  90 minutes
04/01/2020 at 10:00 AM (PDT)   |  90 minutes
WesPay Webinar Evaluation
13 Questions
NCP CE Credits
19.80 NCP credits  |  Certificate available
19.80 NCP credits  |  Certificate available
CNC Maintenance Credit
1.00 CNC credit  |  Certificate available
1.00 CNC credit  |  Certificate available