Reconverting bank (Check 21)

nounid 3773·updated May 9, 2026

verified

GlossaryL1 — what DictionaryL2 — how used ThesaurusL3 — relations Universaleverything

The financial institution that creates a substitute check. With respect to a substitute check that was created by a person that is not a financial institution, the reconverting bank is the first financial institution that transfers, presents, or returns that substitute check or, in lieu thereof, the first paper or electronic representation of that substitute check. The reconverting bank warrants that (1) the substitute check is the legal equivalent of the original check; and (2) the original check cannot be presented again in any form so the customer pays the check only once.

MWE

Attested in

dated observations, per pack version

No recorded attestations. They are written when an MWE tagging stage is completed, stamped with the pack version and the document’s digest.

Classifications

per-axis with provenance

Entity Type

Organization85%llm-generatedllm:claude-haiku-4-5

Sensitivity

Regulated90%llm-generatedllm:claude-haiku-4-5

Information Class

unclassified

Variants

3 surface forms

plural: Reconverting bank (Check 21)s
possessive: Reconverting bank (Check 21)'s
pluralpossessive: Reconverting bank (Check 21)s'

Framework definitions

2 senses across 2 frameworks

Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →

§1: The financial institution that creates a substitute check. With respect to a substitute check that was created by a person that is not a financial institution, the reconverting bank is the first financial institution that transfers, presents, or returns that substitute check or, in lieu thereof, the first paper or electronic representation of that substitute check. The reconverting bank warrants that (1) the substitute check is the legal equivalent of the original check; and (2) the original check cannot be presented again in any form so the customer pays the check only once.

Legacy lexicon import1 senseview framework →

§1 · legacy_primary: The financial institution that creates a substitute check. With respect to a substitute check that was created by a person that is not a financial institution, the reconverting bank is the first financial institution that transfers, presents, or returns that substitute check or, in lieu thereof, the first paper or electronic representation of that substitute check. The reconverting bank warrants that (1) the substitute check is the legal equivalent of the original check; and (2) the original check cannot be presented again in any form so the customer pays the check only once.
DR-088 backfill from the noun definition column

Outgoing relationships

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Incoming relationships

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