Substitute check: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
m (Spacing 20/8/13)
imported>John Grout
m (Add link to check)
Line 3: Line 3:
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.





Revision as of 10:27, 13 January 2014

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.


See also