Confused on whether a check is an ARC, BOC, RCK, RDC, ECI, IRD, or just an old-fashioned check? Can’t remember the return timeframe for different items? Although the consumer believes he or she is writing traditional checks, sometimes merchants convert these items into electronic checks, leaving financial institutions to decipher which rules to follow. This webinar will explore the difference between check conversions and check presentments, including the existing ACH Rules and new Regulation CC requirements. You will also learn the risks and benefits associated with newer technologies like ACH check conversion, mobile RDC, and electronically created items.
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