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Fed vice chair sees promise of proposed Check Truncation Act

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  • anonymous

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.

Suggested Citation

  • anonymous, 2003. "Fed vice chair sees promise of proposed Check Truncation Act," Financial Update, Federal Reserve Bank of Atlanta, vol. 16(Q 2).
    • Handle: RePEc:fip:fedafu:y:2003:i:q2:n:v.16no.2:x:7
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    Keywords

    Checks; Check collection systems;

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