What does it mean to be a National Check Professional?

National Check Professionals (NCPs) demonstrate a working knowledge of every significant aspect of the new check payment system including products and operations, relevant rules and laws that govern checks, industry standards and fraud and risk mitigation considerations.  Additionally, NCPs will explore those characteristics of check payments that make checks unique among payments and that continue to provide lasting value for tens of billions of payments each year valued at tens of trillions of dollars.

Want to sit for the 2018 Exam?  Now is the perfect time to start studying!  The next testing window opens on April 21, 2018 and closes on May 12, 2018.  MACHA's check training is the perfect place to start to ensure that you’re ready!  Click here to register for the 2018 NCP Exam on the ECCHO website!

Why It's Worth It

The NCP designation sets you apart by:

  • Recognizing your knowledge and comprehension of check payments.
  • Recognizing you as a leader in your field.
  • Strengthening your professional credibility.
  • Demonstrating your commitment to customer service.
  • Demonstrating your commitment to stay on the leading edge of industry trends and topics of interest.
  • Positioning you for professional advancement.

For more information about the NCP designation, visit www.eccho.org.​

Congratulations to MACHA's NCP Class of 2017!

Jeffrey Hazam, NCP - Navy Federal Credit Union
Sophiny Kang, NCP 
- WashingtonFirst Bank
Ye Moore, AAP, NCP - Sandy Spring Bank
Adey Petros, NCP - Navy Federal Credit Union
Jennifer Shepard, AAP, NCP - Aberdeen Proving Ground Federal Credit Union

Let's talk about checks.

Operations:  Demonstrate a comprehensive understanding of all aspects of check operations and key standards such as ANSI and ACH formats.  These include:  Item processing (Point of capture, item capture, quality control, proofing and balancing transactions, clearing (including ACH conversion, posting, reconcilement, bank settlement); File control (Rejected items and files, transmission and acknowledgement); Exception handling (Exception dispositioning, research, returns, adjustments); Retention, retrieval, and destruction; Account statements; Application of ACH file format for check conversion; Application of ANSI standards (IRD format, MICR line, and Image File format).
Rules, Laws, and Regulations:  Make sure that you have a strong grasp on the ECCHO Rules, UCC Articles 3 and 4, Regulation CC, Regulation J, the Federal Reserve’s Operating Circular 3, and selected sections of the NACHA Operating Rules and Regulation E.  Additionally, you should know definitions of key terminology including: MICR line repair, warranties, indemnification, error resolution (including adjustments), imperfect/nonimageable items, indorsements, presentments, representments, returns, disclosures, funds availability, bank settlement, and finality.
Fraud and Risk: Demonstrate knowledge required to identify fraud and mitigate risk associated with check products and services and to comply with the regulatory requirements, including the UCC Articles 3 and 4, BSA/AML, and FFIEC guidance.  This includes: Key provisions of laws, regulations and guidance; Definitions of types of fraud and risk (kiting, alterations, forged indorsement, counterfeit, forged drawer signature, intentional duplicates, theft, stale or postdated checks); Allocation of risk; Consumer, bank, and commercial agreements; Unique risks associated with remote deposit capture and remotely created checks; Risk mitigation techniques (e.g., positive pay, security features); Data security and data breaches and; Business continuity and disaster recovery.
Products: Demonstrate a basic knowledge of the types, benefits, and purpose of correspondent banking and customer (commercial and consumer) products.  These include: Types of checks (remotely created checks, money orders, substitute checks, official checks, treasury, government checks, warrants); Global checks; Check conversion (ARC, POP, BOC, RCK) and replacement (WEB, TEL); Corporate and correspondent cash management products (account reconciliation, positive pay, controlled disbursement, lock box, image cash letter, remote deposit capture, float) and; Consumer check services (statementing, image retrieval, remote deposit capture, online and mobile banking).