What does code 2 mean on a telecheck declined check

Did you mean Code 4, Reason 2? According to First Data, when processing a check via a TeleCheck check acceptance service, the system generates and provides the merchant one of these three codes:

Code 1- Approved transactions are assigned a four-digit code.

Code 3- Decline. No information is available. TeleCheck has no negative information on the check writer or company, but the check falls outside established guidelines that TeleCheck will guarantee at this time.

Code 4- Decline. Has history of writing checks with insufficient funds. TeleCheck has information on file that prevents warranty of any check from this check writer or company at this time.

TeleCheck provides industry-leading check acceptance, check processing and risk analytics services to thousands of retailers and financial institutions.

When you present your check to the sales clerk, your check is authorized through a specially-designed, secure TeleCheck system that captures banking information and the amount of the check. Once the check is approved, you'll receive a receipt of the electronic transaction to sign. When you sign the receipt, you will receive a copy for your records along with your check to keep. Learn more at Firstdata.com.

TeleCheck Consumer Contacts:

Declined Check Information for Check Writers- 1-800-366-2425

Returned Check Collection- 1-800-366-1048

Free annual file disclosure pursuant to the Fair Credit Reporting Act- 1-800-366-2425

Fraud, Identity Theft, Forgery- 1-800-710-9898

With all the options for making purchases and payments, knowing which payment method to use can be difficult. Learn some tips to help you decide to pay by cash, check or credit from Bank of America.

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