Unable to locate checks or drafts may have details as to what exactly was wrong, such as a circled account number, or invalid routing number message. This is most likely a check by phone or check draft where the wrong information was entered or provided. Unable to Locate Account – UTL – Unable to Locate – When a check or draft is returned with the Unable to Locate or UTL stamp, this means the bank cannot find any account with that account number in its records. You must get a new check from the account holder when the item was returned Account Closed. No closed account or account closed items can be redeposited. The account holder tells the bank the check number, the amount of the check and payee and the bank in turn looks for this check, or range of checks and returns the item(s) unpaid marked Stop Payment.Ĭlosed Account – Account Closed – When the banks stamps Account Closed or puts the Closed Account stamp on a check or draft that was deposited, this means the account holder’s bank account that was associated with that check is closed. Stop Payment is a feature available to any account holder who contacts their bank BEFORE the check or draft they authorized is presented for payment. You cannot redeposit an item marked with a Stop Payment. Stop Payment – Stop Pay – Check Stop – Stop Payment Check – Stop Payment Item – If your check or draft is returned with a Stop Payment this means the account holder, the person who originally wrote the check or authorized the draft has revoked their authorization. Just deposit the item again, and the hold may have been lifted.
If a check has been stamped Uncollected Funds Hold, Uncollected Funds, or a similar message, the item is eligible for redeposit. The merchant’s bank presents the check on Tuesday and the bank returns the item, Uncollected Funds, because the money is there on paper, but not available. The account holder then writes a check on Monday night to a merchant that deposits the item on Tuesday. For example, the account holder deposits a paycheck for $1,000 into his bank on Monday, and the check is set to be clear on Wednesday, making $1,000 pending, but not available. This can happen when a deposit into the account holder’s bank has not yet cleared. – UCF – UFH – UF, items are returned because funds available in the account are not yet available. Uncollected Funds Hold – Uncollected Funds You can use this IRD just like the original check and redeposit it, or bring it directly to the issuing bank to cash it. You may receive an Image Replacement Document or IRD rather than the actual check you deposited. Usually if an item is stamped DO NOT REDEPOSIT, the account number is also crossed out or punched out with a hole punch. When a check is returned for NSF or ISF, the item can be redeposited unless the front of the item is stamped DO NOT REDEPOSIT. NSF and ISF mean that at the time the check was presented to the account holder’s bank, there were not enough funds in the account to pay the check or draft. Not Sufficient Funds – Not Sufficient Funds, NSF, Insufficient Funds, ISF are the same message. Find out the reason codes, reasons for return, and reasons for rejection, and what the stamps actually mean.įind out the reason codes, reasons for return, and reasons for rejection, and what the stamps (or line items) actually mean. Department of the Treasury has published the updated Check 21 Return Codes. What does NSF mean? What does RTM mean?.
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