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Here to Stay.

Authors :
Starkey, Jonathan
Source :
AFP Exchange. Jun2010, Vol. 30 Issue 5, p16-18. 2p. 1 Color Photograph.
Publication Year :
2010

Abstract

The article talks about the use of paper checks in the U.S. It discusses the passage of the Check Clearing for the 21st Century Act, also called Check 21, which was implemented in October 2004, that allows banks to substitute images of checks for the checks themselves, making for faster and cheaper processing. According to some financial analysts, checks are still useful in the U.S. unlike in Great Britain where paper check clearing will be phased out by October 21, 2018.

Details

Language :
English
ISSN :
15284077
Volume :
30
Issue :
5
Database :
Academic Search Index
Journal :
AFP Exchange
Publication Type :
Periodical
Accession number :
52042547