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We built a database for check conversion entries returned as unauthorized so entries to those accounts would not be converted again. Can we use the information from that database after September 2006?

April 26, 2017accounts built conversion converted database entries RETURNED unauthorized

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We built a database for check conversion entries returned as unauthorized so entries to those accounts would not be converted again. Can we use the information from that database after September 2006?

1 Answer

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If the transaction was returned as R29 because it was a business check, it may now be eligible for conversion IF it does not contain an Auxiliary On-Us field and is for an amount of $25,000 or less.