Substitute check: Difference between revisions
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A negotiable instrument created by the Clearing for the 21st Century Act (Check 21). | A negotiable instrument created by the Clearing for the 21st Century Act (Check 21). | ||
A substitute [[check]] is an electronic version of a paper cheque, which is legally the equivalent of the original cheque and includes all the information contained on the original cheque. | A substitute [[check]] is an electronic version of a paper cheque, which is legally the equivalent of the original cheque and includes all the information contained on the original cheque. | ||
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* [[Cheque]] | * [[Cheque]] | ||
* [[Clearing for the 21st Century Act]] | * [[Clearing for the 21st Century Act]] | ||
* [[Truncation]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 12:03, 2 July 2022
US.
A negotiable instrument created by the Clearing for the 21st Century Act (Check 21).
A substitute check is an electronic version of a paper cheque, which is legally the equivalent of the original cheque and includes all the information contained on the original cheque.
