Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: grellis

There was quite a bit of discussion on another thread about whether electronic images of your checks will really hold up as proof of payment as compared to the actual check. I guess we'll have to wait and see.


26 posted on 10/28/2004 8:18:15 AM PDT by Wolfie
[ Post Reply | Private Reply | To 19 | View Replies ]


To: Wolfie

Under Check 21, the electronic image that is created is referred to as a "substitute check" and carrys the legal weight of the original. As such, there really is no question of whether or not they will hold up as proof of payment. They will.


35 posted on 10/28/2004 8:25:52 AM PDT by Hurricane Andrew (History teaches that wars begin when governments believe the price of aggression is cheap.)
[ Post Reply | Private Reply | To 26 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson