Common use of RCK Transactions Unacceptable for Processing Clause in Contracts

RCK Transactions Unacceptable for Processing. The Rules set forth those items that are unacceptable for RCK processing. They include, but are not limited to the following: ‐ Checks that have been presented to the RDFI three (3) times or more for payment in any format. ‐ Checks drafted 180 days or more from the date that the returned check item is transmitted to the RDFI. ‐ Post‐dated checks. ‐ Checks returned for other than Non‐Sufficient Funds (NSF) or uncollected funds. ‐ Checks not bearing an imprint including:

RCK Transactions Unacceptable for Processing. The Rules set forth those items that are unacceptable for RCK processing. They include, but are not limited to the following: ‐ - Checks that have been presented to the RDFI three (3) times or more for payment in any format. ‐ - Checks drafted 180 days or more from the date that the returned check item is transmitted to the RDFI. ‐ - Post‐dated checks. ‐ - Checks returned for other than Non‐Sufficient Funds (NSF) or uncollected funds. ‐ - Checks not bearing an imprint including: