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Expedited Recredit (EXRC)

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ITYP Description | Proper Usage

Expedited Recredit (EXRC) – This investigation type (ITYP) is retired and no longer in use.

Request for expedited recredit associated with an eligible substitute check presented/returned in a cash/return letter.

If you require an Expedited Recredit, submit an INFO request to the Federal Reserve.

Your Action

Refer to the Information Request (INFO) ITYP for this type of error.

Information about Expedited Recredit reporting time frames and actions.
Reporting Time Frame Federal Reserve Bank Action
Within 120 calendar days
of the cash/return letter date in which the substitute check was presented/returned.
Same day acknowledgement - provided requirements are met.* Respond to request within ten business days.
After 120 calendar days
of the cash/return letter date in which the substitute check was presented/returned.
Same day acknowledgement - Provided requirements are met.* No Entry. Advise the requesting institution to deal directly with the offsetting institution.

Respond to request within twenty business days.

Required Attachments

Expedited Recredit claim form (PDF). A copy of the consumer's written claim (if one exists) is also required. If the written claim cannot be provided, the claimant bank must provide certification that a written claim does not exist.

NOTE: A requester may use its own form as long as the information provided is consistent with the Federal Reserve Bank's Expedited Recredit Claim Form.

*Same Day Entry/Acknowledgement Requirements

All electronic adjustment requests received by 5:00 p.m. ET with complete information will receive same day entry/acknowledgement. Supporting documentation, commonly referred to as Documents to Follow (DTFs) must be received within five business days of receipt of the electronic request. If the DTF is required and not received within five business days, the request will be resolved back to the requester and any provisional entry will be reversed.

All paper adjustment requests received at the Check Adjustments Centralized Data Entry Site by 11:00 am with complete information and documentation.

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Retired Investigation Types

As previously announced, the following investigation types are outdated and have minimal usage. As of May 22, 2017 they have been eliminated.

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