E-SIGN and turn-key vendor programs

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Question:

We are going to offer E-SIGN agreements. We have a vendor with a turn-key application. Is that good enough to get us going?

Answer:

Think vendor due diligence. While that vendor should have all the legal considerations in mind, the bank must be sure its assets are protected. That means you still have to understand all the requirements, and actually WHY things are done the way they are. You have to know that the bank’s agreement will hold up in court years from now.

Learn more about Andy’s webinar E-SIGN - Use It Write or Not at All