Posted By: Anonymous
Returns for check21 - 08/30/04 07:19 PM
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?
Posted By: Anonymous
Re: Returns for check21 - 08/30/04 07:29 PM
I have the same question? Any help?
Posted By: Jill W
Re: Returns for check21 - 08/31/04 11:48 AM
The Fed originally said they would not accept carriers, but
I think they have reversed themselves. Check their Financial Services website
http://www.frbservices.org/, then under Check 21.
Posted By: Anonymous
Re: Returns for check21 - 09/01/04 01:27 PM
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!
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.
Posted By: HR Banker
Re: Returns for check21 - 09/01/04 02:51 PM
The only policy I find is that they will not accept carriers. Am I missing something?
Posted By: Neytiri
Re: Returns for check21 - 09/01/04 02:58 PM
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.