Franklin

Electronic Banking [electronic resource] : The Implementation of the Check 21 Act.

Author/Creator:
Library of Congress. Congressional Research Service.
Publication:
[S.l] : [s.n.], 2004.
Format/Description:
Government document
Book
1 online resource (13 p., digital, PDF file)
Subjects:
Banks and banking.
Consumer protection.
Electronic funds transfers.
Summary:
Examines key implementation rules and procedures of the Check Clearing for the 21st Century Act (Check 21 Act), which amends the Federal Reserve Act to facilitate check truncation by authorizing use of substitute checks to promote innovation in the check collection system without mandating receipt of checks in electronic form. Discusses banking industry adaptation to Check 21 Act, and reviews various consumer protection issues raised during Check 21 Act development and consideration.
Notes:
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Nov. 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Other format:
Microfiche version: Library of Congress. Congressional Research Service. Electronic Banking
Access Restriction:
Restricted for use by site license.
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