Accredited ACH Professional (AAP) Practice Exam

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Prepare for the Accredited ACH Professional (AAP) Exam with tailored questions and study materials to enhance your understanding of ACH transactions and operations. Test your skills and readiness for this important certification!

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For how long can an RDFI request a copy of a check for which an XCK entry is initiated?

3 years
5 years
6 years
7 years

The correct answer is: 6 years

The correct answer regarding the time frame for an RDFI to request a copy of a check related to an XCK entry is six years. This is established in the ACH Rules, which specify that for certain electronic check transactions, such as those processed as XCK entries, the originating depository financial institution (ODFI) is required to maintain copies of checks associated with these entries for a period of six years. This time frame ensures that RDFIs have the necessary documentation to address any disputes or inquiries that may arise regarding the transaction. It establishes a clear standard for retaining relevant financial documentation, allowing for appropriate audit trails and consumer protection measures. The other options, while they provide different time frames, are not aligned with the specific requirements set forth in the ACH Rules for XCK entries. Knowing the correct duration helps in maintaining compliance and understanding the necessary record-keeping requirements in ACH processing.