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Chargeback Rep Payee Returned Check

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Question: 
If we cashed a third party check for the customer who has a Rep Payee account and the check comes back as fraud, are we able to charge that check back to our customer's account since it is a Rep Payee account?
Answer: 

Absolutely not. The money in a Rep Payee account does not belong to the representative.

First published on 10/02/2022

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