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WHY DOES THE MERCHANT NOT WANT THE BANK TO REDEPOSIT THE NSF CHECKS?

April 26, 2017Bank checks merchant NSF redeposit

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WHY DOES THE MERCHANT NOT WANT THE BANK TO REDEPOSIT THE NSF CHECKS?

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To avoid additional charges. There is no bank charge to the merchant for re-depositing the check electronically. Furthermore, the electronic Representment is far more likely to be successful due to the speed and timing of the Representment.