Substitute check: Difference between revisions
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''US.'' A negotiable instrument created by the Clearing for the 21st Century Act (Check 21). | ''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. | 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. | ||
== See also == | == See also == | ||
* [[Cheque]] | * [[Cheque]] | ||
* [[Clearing for the 21st Century Act]] | * [[Clearing for the 21st Century Act]] | ||
Revision as of 08:24, 20 August 2013
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.