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Article: CheckTech Financial Offers Complete Solution for Check 21 Compliance.
- Article from:
- Business Wire
- Article date:
- June 10, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
SANTA FE, N.M.--(BUSINESS WIRE)--June 10, 2004
CheckTech Financial Corp., a leading supplier of equipment and supplies to the banking industry, offers a complete line of check stripping machines that comply with policy changes announced by the Federal Reserve Banks at last month's Bank Administration Institute's (BAI's) TransPay 2004 conference.
During the BAI conference, the Federal Reserve Banks announced that in conjunction with the Check Clearing for the 21st Century Act, or Check 21, Reserve Banks will no longer accept items in check carrier documents in high-speed forward and return cash letters effective Oct. 28, 2004. ...