Check 21, Remote Deposit Capture & Check Fraud

Check 21, Remote Deposit Capture & Check Fraud

Check 21’s Final Rule includes an “Indemnity” provision that seriously affects an organization’s liability for check fraud, under certain conditions. Because this provision is buried on page 58 of 114 pages, few people are aware of it or understand its implications. Organizations that understand the Indemnity are often motivated to use high security checks.

At SAFEChecks, we specialize in providing high-security checks and fraud prevention solutions tailored for your business needs. We understand the complexities introduced by Check 21 and Remote Deposit Capture (RDC), and our products equip your organization with advanced check security features like thermochromic ink, true watermarks, and chemical sensitivity to prevent check fraud. Our checks and protocols help ensure compliance with the Check 21 Indemnity provisions by safeguarding your transactions against risks associated with fraudulent or altered checks. We also offer secure check writing software with Positive Pay and ACH functionality to enhance your payment processes further. Partner with us to strengthen your defenses and protect your business from costly check fraud losses.