UNLIMITED FREE
ACCESS
TO THE WORLD'S BEST IDEAS

SUBMIT
Already a GlobalSpec user? Log in.

This is embarrasing...

An error occurred while processing the form. Please try again in a few minutes.

Customize Your GlobalSpec Experience

Finish!
Privacy Policy

This is embarrasing...

An error occurred while processing the form. Please try again in a few minutes.

- Trained on our vast library of engineering resources.

ASC/X9 - ANSI X9.100-187

Electronic Exchange of Check and Image Data

active, Most Current
Buy Now
Organization: ASC/X9
Publication Date: 19 August 2016
Status: active
Page Count: 180
scope:

Since the enactment of Check 21, there has been unprecedented adoption of image exchange. This standard establishes the basis for U.S. check image exchange between financial institutions; all financial values in this standard are assumed to represent U.S. Dollars. This standard establishes requirements and limitations that are compatible with current industry practice. It maintains flexibility in order to accommodate the needs of different institutions and exchange networks.

Users of this standard should be aware that most financial exchanges utilize a "companion document" that defines the specific requirements and implementation rules for exchange within a particular network or institution agreement. The companion document should reference the specific edition of this standard that applies with the specific version of the companion document in use.

Generally, US check exchange utilizes the Universal Companion Document (UCD) that can be referenced at the CheckImage Collaborative website, CheckImage Central at www.checkimagecentral.org.

This standard, including the normative annexes, establishes the file sequences, record types, and field formats to be used for the electronic exchange of check MICR line, associated check processing data and check images in the form of cash letters.

This standard does not address operational, implementation, or settlement needs. These requirements may include, but are not limited to, a choice of: data and image compression, encryption, and transmission specifications and data representation. The informative annexes attached to this standard provide information that may prove useful to those planning to implement the standard.

Purpose

The purpose of this standard is to provide a structure to facilitate electronic movement or exchange of check-related data and images for the purposes of forward check presentment, IRD creation, customer deposit, return item notification, and returns processing.

Document History

November 19, 2021
Electronic Exchange of Check and Image Data
Since the enactment of Check 21, there has been unprecedented adoption of image exchange. This standard establishes the basis for U.S. check image exchange between financial institutions; all...
ANSI X9.100-187
August 19, 2016
Electronic Exchange of Check and Image Data
Since the enactment of Check 21, there has been unprecedented adoption of image exchange. This standard establishes the basis for U.S. check image exchange between financial institutions; all...

References

Advertisement