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Check Returns and Adjustments


Event Details*
Thursday, April 1, 2021

On-Demand; 1.2 NCP CEU Eligible
Learning Level: Intermediate

Event Registration**
Member Price:     $225.00
Non-Member Price:   $325.00

Session Description:

Master the check return and adjustment process! An encompassing review of check law, rules and regulations, and processing check adjustments via FRB. 

What happens when an item cannot be immediately processed and needs special handling?  This session delves into those exception situations focusing on decisioning items processed through the Federal Reserve. Often the question is, should the exception be handled as a return or an adjustment? How does timing factor into this decision? This session will review both the return process and adjustment process, as well as what codes should be used.

Attendees will leave the session with an understanding of:

  1. How to process exceptions via the FRB;
  2. Various adjustment type codes and when to use each;
  3. Operating Circular 3.


Sandy Cinelli, Senior Director, Education, NEACH


  • Check Adjustment department
  • Operations/Deposit Operations 

You might also like:

  • Rules and Regulations for Checks
  • Advanced Rules and Regs for Checks

*Please note that the access information will be sent to you in a separate email upon receipt of payment.  Access information and support are only provided during normal business hours.
** This event is part of the NEACH Education Club.  Members who join the Club save $75 off the cost of this event.

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