Remotely created check (RCC)
nouncandidate·updated May 9, 2026
A check that is drawn on a customer account at a financial institution, is created by the payee, and does not bear a signature in the format agreed to by the paying financial institution and customer. RCCs are also known as "demand drafts," "telechecks," "preauthorized drafts," "paper drafts," or "digital checks."
Framework senses
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
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- A check that is drawn on a customer account at a financial institution, is created by the payee, and does not bear a signature in the format agreed to by the paying financial institution and customer. RCCs are also known as "demand drafts," "telechecks," "preauthorized drafts," "paper drafts," or "digital checks."