So my check is a "digital payment" ?
And what about withholdings, that get sent to the government weekly or bi-weekly, or monthly?
And what about companies and the self employed, who must pay QUARTERLY?
And since banks loses are covered by the Fed Gov, then they MUST comply with federal laws.
Wanna try again? LOL
Hate to tell you this but your check is a digital payment. You hold the money in your bank account send the check to whomever, then the bank transfers money from your bank account into their account digitally. Unless you think there is a magic fairy that goes to your bank and physically withdrawals the money from your account and then physical puts it into their account. Just because you write a paper check doesn’t make it not digital.