Remote Check Capture (RCC) and Electronic Check Conversion Quiz
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Questions and Answers

Which of the following statements about RCCs is true?

  • RCCs are authorized by the account holder over the phone. (correct)
  • RCCs are processed only through the check clearing networks.
  • RCCs are created by telemarketers only.
  • RCCs always bear the signature of the account holder.
  • What is the main difference between electronic check conversion and an RCC?

  • Electronic check conversion is authorized through the check clearing networks.
  • RCCs can only be created by credit card companies.
  • Electronic check conversion requires the account holder's signature.
  • RCCs bear the account holder's printed or typed name. (correct)
  • Which of the following can create an RCC?

  • Banks
  • Retail stores
  • Government agencies
  • All of the above (correct)
  • How are RCCs processed?

    <p>RCCs are processed through the check clearing networks.</p> Signup and view all the answers

    What information is required to authorize an RCC over the phone?

    <p>Bank account number</p> Signup and view all the answers

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