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System and method for processing duplicative electronic check reversal files

  • US 8,296,223 B2
  • Filed: 11/06/2007
  • Issued: 10/23/2012
  • Est. Priority Date: 11/07/2006
  • Status: Active Grant
First Claim
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1. A computer-implemented method for a duplicate item processing module, installed on a computer and being executed by a processor, to process duplicate electronic checks, comprising the steps of:

  • the duplicate item processing module electronically receiving from a depositing institution computing device a reversal image cash letter file comprising a reversal item, where the duplicate item processing module is located at a processing entity;

    the duplicate item processing module electronically comparing the reversal item to a record of previously deposited items received from the depositing institution computing device;

    if the reversal item does not match a plurality of items in the record of previously deposited items, the duplicate item processing module electronically forwarding the reversal item to a receiving institution;

    if the reversal item does match a plurality of items in the record of previously deposited items, the duplicate item processing module electronically comparing the reversal item to a record of items previously presented to a receiving institution computing device to determine whether an item matching the reversal item has been previously identified at the processing entity as a duplicate; and

    if the item matching the reversal item has been previously identified as a duplicate, the duplicate item processing module electronically terminating the reversal item; and

    if the item matching the reversal item has not been previously identified as a duplicate, the duplicate item processing module electronically forwarding the reversal item for sending to the receiving institution computing device.

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