Just wondering if all the years we used the same stamp configuations if that will be changing. If all banks will have a uniform standard, i.e. NSF notification on the front of the check.

I can't speak about the stamp itself but banks using X9.37 for image returns will need to adopt the return reason codes included within that standard as well as in X9.90 when creating a substitute check of a return item.

If you are returning a paper item, you will do what you have always done.

If you are returning an image, it will be accompanied by an xml file based on the 9.37 standards Bill mentions. In that file you will indicate a reason for return. The image will not be affected. However, if it is necessary to print that image as a substitute check when the image gets back to the depositary bank, the reason for return will be extracted from the xml file and appear on the face of the image as printed on the substitute check.

In short, you don't need any new stamps.

Ken, Just a slight correction. X9.37 DSTU 2003 with either the FRB Companion Document or the SVPCo Companion Document is not an XML file format. It is an old fashioned "flat" file with multiple types of variable length records.

Yes, Mary Beth, that is true. Endpoint Exchange is also developing a means to accept and create X9.37 but will probably have a XML translator. There is a new ASC X9.81 under development that is XML based. It is designed for images and data but will not have the same cash letter structure that X9.37 has. It is possible this newly developed standard might go to ballot this fall. It will be intersting to see how it evolves and is used.