NSF Check for Collection-10 Day Rule

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Question:

We received a letter from another bank with a check for collection. It was returned to them as NSF and they would like us to collect on it. We are wondering if it is 10 business or calendar days that we as the bank needs to look?

Answer:

If your bank and the bank sending the check to your for collection have an agreement, follow that agreement. If instructions with the check indicate calendar or business days, follow the instructions. If the instruction only say "10 days," assume calendar days. In the absence of an agreement or instructions, you must either pay the check or return it unpaid by midnight of the business day following the day of presentment.