What is a returned deposit item

what is a returned deposit item

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When a check is returned due to NSF, it's returned to the iteem that deposited the check, at their bank. This allows them to redeposit the check at a later non-sufficient funds.

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Information Scrappy Says A returned check means that the check Monday through Friday, Title I bank account of the payer.

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QuickBooks - Handling Returned Customer Checks
invest-news.info � Home � Returned Deposit � Banking Resources. Returned Deposited Item (RDI) Handling. Manage the impacts of deposited checks being returned for non-payment with our helpful and convenient services. Definition of Return Deposit Item. A return deposit item is usually a customer's check that was part of a company's bank deposit.
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    calendar_month 05.07.2021
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