Cheque truncation
Cheque truncation (check truncation in American English) is a cheque clearance system that involves the digitalisation of a physical paper cheque into a substitute electronic form for transmission to the paying bank. The process of cheque clearance, involving data matching and verification, is done using digital images instead of paper copies.
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Banking in IndiaCheck 21 ActCheck truncationChequeCheque Truncation SystemCheque clearingFrench check processing fee controversy of 2010LockboxNational Payments Corporation of IndiaNegotiable Instruments Act, 1881Remote depositSubstitute checkSubstitute checks in the United StatesSybrinThe Benefit CompanyTruncation (banking)Truncation (disambiguation)
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Cheque truncation
Cheque truncation (check truncation in American English) is a cheque clearance system that involves the digitalisation of a physical paper cheque into a substitute electronic form for transmission to the paying bank. The process of cheque clearance, involving data matching and verification, is done using digital images instead of paper copies.
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Cheque truncation (check trunc ...... of the cheque payment system.
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1.012.621.939
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Example of a US truncated cheque
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Cheque truncation (check trunc ...... mages instead of paper copies.
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Cheque truncation
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