How does DFS process a payment received by check?
When you send us a check as a payment, you authorize us to clear your check electronically. Your payment will show up on your statement as an electronic entry indicated by DFS. The electronic description will include the check serial number and the payee. DFS will keep a copy of the check for seven years. If you need a copy of your original check, DFS will be able to supply it to you. Under the terms of your DBC agreement, you may be charged for this copy.
When you send us a check as a payment, you authorize us to clear your check electronically. Your payment will show up on your statement as an electronic entry indicated by DFS. The electronic description will include the check serial number and the payee. DFS will keep a copy of the check for seven years. If you need a copy of your original check, DFS will be able to supply it to you. Under the terms of your DPA agreement, you may be charged for this copy.
