Journal Article

Fed vice chair sees promise of proposed Check Truncation Act

Abstract: If the proposed Check Truncation Act is enacted, it will remove existing legal barriers to the use of new technology in check processing. These reforms will make check collections more efficient and more cost effective.

Keywords: Checks; Check collection systems;


Bibliographic Information

Provider: Federal Reserve Bank of Atlanta

Part of Series: Financial Update

Publication Date: 2003

Volume: 16

Issue: Q 2