Customer deposits check, it is returned/charged back. A couple weeks later, customer presents check from same source/remitter and bank staff wants to place a hold on it, using the "re-deposited item" reason....but this doesn't work, correct?
In order to use this reason, it must be the same exact item (not just an item from the remitter's same bank account) being re-deposited that was previously returned by the bank, correct? Is this specifically stated in Reg. CC anywhere? Staff's logic in this situation is that if one check comes back (unpaid) another one drawn on the same account, just a short while later, most likely will too....even though this is not always the case.