What is the return deadline for a converted business check?
The deadline to return a converted business check is the same as most other ACH returns – 2 days from the settlement date of the original item. The exception is when it is unauthorized. If the transaction is unauthorized, it may be returned for up to 60 days. Note that if the transaction is returned with a Return Reason Code of R10, it must be accompanied by a written statement under penalty of perjury (WSUPP), which your customers must sign. Items returned as R29 do not require a WSUPP.
