National Check Professional (NCP) Certification Practice Test

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What is the maximum check amount eligible for conversion using RCK?

2,500
10,000
25,000
50,000

The correct answer is: 2,500

The maximum check amount eligible for conversion using the Re-presented Check (RCK) process is $2,500. This limit is established to mitigate risk and ensure that the RCK process is used for smaller check amounts that are often easier to process and recover. The RCK process allows checks that have been returned due to insufficient funds to be re-presented electronically for payment, streamlining the collection process for both the merchant and the financial institution. By setting a lower limit on the check amount, the risk of significant financial losses from failed transactions is reduced. This ensures that the system is functional and beneficial while keeping the amounts manageable.