Electronic Banking : The Check Truncation Issue.

Examines potential cost savings for the banking industry associated with H.R. 1474, the Check Clearing for the 21st Century Act of 2003, to facilitate check truncation by authorizing substitute checks to promote innovation in the check collection system without mandating receipt of checks in electro...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2003.
Series:	U.S. Congressional Research.
Subjects:	Banks and banking. Savings accounts. Technological innovations. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Examines potential cost savings for the banking industry associated with H.R. 1474, the Check Clearing for the 21st Century Act of 2003, to facilitate check truncation by authorizing substitute checks to promote innovation in the check collection system without mandating receipt of checks in electronic form. Examines consumer groups reaction to H.R. 1474 and possible objections to universal check truncation.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.