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Over the Counter Check & Deposit Record Retention

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How long are we required to keep checks and deposits presented over the counter? We are sending and receiving images electronically.

As far as I know, there is no established retention period for the actual paper items. As a matter of practicality, your operations staff will probably want you to keep them as long as it takes to verify image quality. After that, retaining the originals becomes a security problem and most banks would prefer to destroy (shred) these items as soon as possible.

First published on 10/08/07

First published on 10/08/2007

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