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#238563 - 08/30/04 07:19 PM Returns for check21

Is it true we will no longer be able to use carrier's for return check even if they contain a "2" on position 44?

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#238564 - 08/30/04 07:29 PM Re: Returns for check21

I have the same question? Any help?

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#238565 - 08/31/04 11:48 AM Re: Returns for check21
Jill W Offline
Jill W
Joined: Jun 2002
Posts: 66
River Town
The Fed originally said they would not accept carriers, but
I think they have reversed themselves. Check their Financial Services website, then under Check 21.

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#238566 - 09/01/04 01:27 PM Re: Returns for check21

Sorry, but I can't find the reference to carriers on the FRB website you referred to. Please point me in the right direction. Thanks!

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#238567 - 09/01/04 02:35 PM Re: Returns for check21
Elwood P. Dowd Offline
10K Club
Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
Go to BOL's homepage, scroll down to "Special Sections" and click "Check 21." You will find just about everything under the sun there. The policy change on carriers is linked in the side bar labeled "External Links."

One stop shopping for Check 21.
In this world you must be oh so smart or oh so pleasant. Well, for years I was smart. I recommend pleasant.

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#238568 - 09/01/04 02:51 PM Re: Returns for check21
HR Banker Offline
Diamond Poster
Joined: Oct 2002
Posts: 1,027
The only policy I find is that they will not accept carriers. Am I missing something?

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#238569 - 09/01/04 02:58 PM Re: Returns for check21
Neytiri Offline
Platinum Poster
Joined: Jul 2002
Posts: 645
They will accept carriers, but they must be sorted into separate cash letters, such as "raw" return letters. And of course you will be charged more.

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