Recording: Check Payments 101: What is Item Processing?
Ever wonder what happens to that check you received and then deposited at your local bank? How does it get from your bank to the paying bank? How do the two banks exchange funds? What happens if it’s returned and charged back to you? Now what should you do? There is a great deal of activity happening behind the scenes and this is the session to help you learn more about that end-to-end process. Join us for an informative session that will discuss basic item processing, exceptions processing, what is meant by Day 0, Day 1 and Day 2 and more. Come and learn from the experts!
Speaker: David Rathke, Item Processing Product Manager, FIS