TFM: In the context of check reclamations, a protest is a written statement to the Bureau of the Fiscal Service requesting a review of its decision that the financial institution is liable for a check reclamation. It raises a valid legal or factual question and includes any supporting documentation which proves the financial institution is not liable.

Gold Book: A protest is a written statement to the Bureau of the Fiscal Service requesting a review of its decision that the financial institution is liable for a check reclamation. It raises a valid legal or factual question and includes any supporting documentation which proves the financial institution is not liable.