Check 21 Act

To make check processing speedily, the Check 21 Act introduces. In turn, it has helped banks handle a considerable amount of checks in a short time. The main advantage is cutting the time it takes for a check to clear from days to hours processing through images than...

The Check Clearing for the 21st Century Act (or Check 21 Act) is a United States federal law, Pub.L. 108–100, that was enacted on October 28, 2003, by the 108th U.S. Congress. The Check 21 Act took effect one year later on October 28, 2004. The law allows the...