Remote Deposit Capture Program Policy
The purpose of this Remote Deposit Capture Program Policy Template is to address policies, procedures and processes of a bank, credit union, fintech company, or other type of financial institution regarding Remote Deposit Capture (RDC) products and services that comply with all related laws, rules and regulations. In general, RDC is a deposit transaction delivery system that allows an organization to receive digital information from deposit documents captured at remote locations using a personal computer, laptop, smart phone, tablet, or other approved mobile device.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Definitions – Topic 3
- Structure of Accountability – Topic 4
- Risk Management – Topic 5
- Product Definition and Pricing – Topic 6
- Operational Overview – Topic 7
- Underwriting Guidelines Policy – Topic 8
- Service Establishment Procedures and Responsibilities – Topic 9
- Changes or Deletions – Topic 10
- Exceptions – Topic 11
- Mobile Remote Deposit Capture Policy – Topic 12
- Audit Policy – Topic 13
- Staff Training – Topic 14
- Retention of Documentation – Topic 15
Recent updates to this product:
OCC Bulletin 2021-49 – Payment Systems: Revised Comptroller’s Handbook Booklet and Rescissions
This Remote Deposit Capture Program Policy Template (approximately 62 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
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