ST Alpha - "to verify their authenticity, I would assume." (Reading a Post)

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In response to "why? -- nm" by Don Homer

to verify their authenticity, I would assume.

Posted by znufrii Jul 26 '10, 11:13

I'm not sure what the current law requires, but I thought that even banks who use digital imaging to process checks also have to provide the hard copies to the payor bank or clearing house, it just allows them to clear faster by transmitting checks in digital form as well...

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here's a summary of how it works, from a couple of years ago. nm but: -- (link) - b. Jul 26, 11:15 1
- cool... - znufrii Jul 26, 11:18

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to verify their authenticity, I would assume.

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