Skip to content

Reg CC and Electronically Created Items

Question: 
What’s an electronically created check?
Answer: 

It’s an electronically created item made to look like it was derived from a paper check, but the paper check never existed. It’s an electronic version of the remotely-created check. These items weren’t being used when Regulation CC was written, but they will be covered under the amendments to the regulation starting July 1, 2018.

-----------------------------
Learn more about John Burnett’s webinar
Regulation CC – FINALLY a Final Rule!

First published on 07/23/2017

Filed under: 

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