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Exception commenting

Question: 
What is an exception comment?
Answer: 

In banking, the term “exception comment” can refer to additional information that pertains to an exception, such as a missing document. Exception comments can be handwritten or electronically generated and stored depending on the bank’s recordkeeping processes and systems.

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Vendor: 

AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 12/18/2022

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