Skip to content

ACH Debit and an Electronic Image

Answered by: 

Question: 
How should we handle a situation when an ACH debit is presented, and then later an electronic image of the paper check is paid against the account for the same check? It is now past the twenty-four hour return deadline.
Answer: 

Review ACH Return Code R37 (Source Document Presented for Payment) if the ACH debit was an ARC, BOC or POP entry. You'll need cooperation from your depositor so you can have the required WSUD on file.

First published on BankersOnline.com 11/01/10

First published on 11/01/2010

Filed under: 
Filed under technology as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics