How many times may a check be presented ?

Posted By: TKay

How many times may a check be presented ? - 03/13/07 02:29 PM

I am very green in the deposit world. I have a question from our operations area. "How many times may a NSF check be presented?" It is my understanding that it can be presented the first time and when comes back NSF, we may present it two more time electronically. Is this correct and what reg governs this?

Thanks So green in compliance
Posted By: BurntSienna

Re: How many times may a check be presented ? - 03/13/07 09:41 PM

Hi,

This thread may be of assistance.

http://www.bankersonline.com/forum/ubbth...ge=6#Post682142