The Catch-22 of Check-21
- Topics:
- Commercial Banking
- Tags:
- Check 21,
- Financial Services,
- IBM Corp.,
- Legislation
- Source:
- IBM
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Overview: This article provides an insight into the effects of Check 21 legislation and provides information on how to be prepared for it. When this legislation, goes into effect, and every bank in the country must be prepared to receive and process image replacement documents (IRD) as if they were regular paper checks. Because of the unpredictability of the situation, there is a kind of catch-22 to Check-21.
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Format: HTML | Date: May 2004 | Pages: 4



