Check Processing
8 min! Run Time
Employees
only
Provided
What you'll learn
Skills covered in this course
Description
Even as checks fade from daily use, bank staff still need to understand exactly how the check processing system moves money between institutions.
What this course covers:
- How check clearing moves cash between banks through intermediaries
- Endorsements and the proofing process
- Processing local versus non-local items
- Check truncation and how it speeds settlement
For tellers and operations staff who handle checks and back-office processing.
System Requirements
See System Requirements in the Coggno Knowledge Base
Author
Frequently Asked Questions
Because even as checks fade from daily use, bank staff still need to understand exactly how the check processing system moves money between institutions.
The course covers how check clearing moves cash between banks through intermediaries as part of the overall settlement process.
Yes, it covers endorsements and the proofing process that checks go through before funds settle.
The course distinguishes processing local versus non-local items, since the routing and timing differ between them.
Tellers and operations staff who handle checks and back-office processing.
