5 Questions
Which of the following statements about RCCs is true?
RCCs are authorized by the account holder over the phone.
What is the main difference between electronic check conversion and an RCC?
RCCs bear the account holder's printed or typed name.
Which of the following can create an RCC?
All of the above
How are RCCs processed?
RCCs are processed through the check clearing networks.
What information is required to authorize an RCC over the phone?
Bank account number
Test your knowledge on Remote Check Capture (RCC) and its relationship to electronic check conversion. Learn about the authorization process, signature requirements, and how account holders can authorize the creation of RCCs.
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