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May 17, 2012
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RDC General Topics > General Discussion > Re-depositing an NSF item back through RDC View modes: 
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Ed - 12/4/2011 9:05:51 PM
   
Re-depositing an NSF item back through RDC

The question was asked: Is there any reg. or guidelines for re-depositing an NSF item back thru RDC if it has gone thru already once before and is now NSF

The two source documents used here are the X9.100-187 – 2008 and the X9.100-140 – 2008.

It is my understanding that yes, you can resubmit the RDC item but your system will need the technical capabilities required based on the type of return (electronic, truncated IRD or IRD) and the information included in or with the return.

In the X9.100-187 – 2008 ((¶13 Check Detail Addendum C Record (Type 28)) it describes how the information: “Data in the Check Detail Addendum C Records are transferred to Return Addendum D Records (Type 35) when the item is returned. In the case of an item being represented the Check Detail Addendum C Record (Type 28) will be created from each Return Addendum D Record (Type 35)”. (¶ 13.9 is a field that is used “when a return is being represented electrically and the return reason was in the Type 31 Record”.

The X9.100-140 – 2008 describes the “Forward Subsequent IRD” and the required formats and information that is required.  “¶ 5.1.1.2 (X9.100-140 – 2008) Forward Subsequent IRD -  A Forward Subsequent IRD is an IRD of a previous IRD used when a previous IRD was created and then truncated in the forward presentment payment stream and a paper replacement document of the previous IRD is later needed for processing. A Forward Subsequent IRD is also used when a previous IRD Used for Return was created and then truncated in the forward presentment payment stream. See Annex E for examples.”

You can get a more complete (As you can tell from the answer above there are a significant number of details that need to be addressed) answer from your Operations/Returns group. I hope this helps.

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Ed - 12/5/2011 9:45:15 AM
   
RE:Re-depositing an NSF item back through RDC
I should have added the requirement for  Title 12 Part 229 AVAILABILITY OF FUNDS AND COLLECTION OF CHECKS (REGULATION CC) SubPart D sections that refer to Subsequent Substitute Checks including: Section AAA. 229.2(aaa) Substitute Check (5); XVI. Section 229.30 Paying Bank's Responsibility for Return of Checks 229.30(d) Identification of Returned Checks;229.35(a) Indorsement Standards; 229.38(d) (2) Responsibility for Certain Aspects of Checks and others I am sure.


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