Bachelor of Arts and Clearing for the 21st Century Act: Difference between pages

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''Higher and continuing education - academic degrees.''
'' US. ''


(BA).
(Check 21).


A federal US law that aims to facilitate check (cheque) truncation by creating a new negotiable instrument - the substitute check. 


1.
Under the law, banks can truncate original checks and process check images electronically as well as deliver substitute checks to banks that want to continue receiving paper checks.
 
A first degree from a college or university, in a social sciences or arts subject.
 
 
2.
 
A first degree in any subject.


However, the law does not require banks to accept checks in electronic form or to create substitute checks, although it does require banks to accept substitute checks.


== See also ==
== See also ==
* [[Academic degree]]
* [[Cheque truncation]]
* [[BA]]
* [[Substitute check]]
* [[Bachelor of Science]]
* [[Doctorate]]
* [[FE]]
* [[HE]]
* [[Master of Arts]]
* [[MBA]]
* [[MPhil]]
* [[PG]]
* [[PhD]]
* [[UG]]
* [[Undergraduate]]
 
[[Category:Self_management_and_accountability]]
[[Category:Knowledge_and_information_management]]
[[Category:Planning_and_projects]]
[[Category:The_business_context]]

Revision as of 05:43, 3 August 2013

US.

(Check 21).

A federal US law that aims to facilitate check (cheque) truncation by creating a new negotiable instrument - the substitute check.

Under the law, banks can truncate original checks and process check images electronically as well as deliver substitute checks to banks that want to continue receiving paper checks.

However, the law does not require banks to accept checks in electronic form or to create substitute checks, although it does require banks to accept substitute checks.

See also