We have substantial experience in banking operations generally encompassing matters involving payment systems such as check collection (both paper and image based), wire transfers and automated clearinghouse (ACH) processing. We advise both backroom personnel responsible for carrying out operations and customer-facing treasury services departments that contract to provide services to corporate customers. Substantive areas covered include Uniform Commercial Code Articles 3, 4 and 4A, Federal Reserve Regulations J and CC and NACHA Operating Rules.

Typical projects include:

• Dispute resolution (e.g., warranty claims on forged items)
• Assistance in the development of standard forms, including master repurchase and sweep agreements
• Negotiating contracts for lockbox processing
• Positive pay service
• Payable-through-drafts arrangements
• Control accounts
• Funds transfer services
• ACH processing
• Ancillary account management and account access products