Jump to content

Talk:Remote deposit/Archives/2015

Page contents not supported in other languages.
From Wikipedia, the free encyclopedia

Clearing without physical checks before 2004?

It was widely believed (by bank customers like me) that for several years before 2004, a lot of US check clearing was done with electronically transmitted check images (from bank branch to bank branch, or to a central clearing house.) Was this belief untrue, or is it more complex, such as done under a different legal basis, or merely by the depositing customer or branch accepting a risk of drawing against uncleared funds? --Hroðulf (or Hrothulf) (Talk) 16:11, 30 April 2015 (UTC)