Skip to content

Is This Out of the Time Frame?

Answered by: 

Question: 
What is the time frame for a customer to assert a Forged Endorsement. I just received one that was negotiated by us on 7/15/03 that was just claimed on 3/15/06. Is this out of the time frame?
Answer: 

In many, if not most, states, there is a three-year limit on claims for forged endorsements. This instance seems to sneak in under the wire. Some states have shortened this period. I have been told that Florida shortened it to one year.

First published on BankersOnline.com 4/17/06

First published on 04/17/2006

Filed under: 
Filed under operations as: 

Search Topics