What is Check 21?
Check 21 will accelerate the shift to electronic processing.

The "Check Clearing for the 21st Century Act," commonly referred to as Check 21,
took effect on October 28, 2004.

Created in response to the events of 9/11, the new law is designed to improve the
efficiency of the nation’s payment system by encouraging the use of electronic check processing. Check 21 was designed to conserve the nation’s resources, reduce
errors and more importantly, reduce fraud.

Check 21 may affect your banking services as more companies and financial
institutions take advantage of electronic processing.  The most notable difference is
that your checks will begin to clear faster.

These changes won’t happen overnight, of course, but it’s important for you to know
what’s coming—and why. To get a better idea of what Check 21 does and how it may
affect you, please take a look at our Check 21 FAQs or important Check 21 Terms.