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What Check 21 means to you

What Check 21 means to you

The Check Clearing for the 21st Century Act (better known as Check 21) was established in October 2004 to modernize the U.S. printing^setting up to print, . payments system by streamlining the way your checks are processed. printing^setting up to print, . The main objective of Check 21 is to speed up check-clearing time and eliminate the costs and risks of physically transporting checks.

Check 21 allows financial institutions to create and present a substitute check for payment in place of the original check. printing^setting up to print, . This new substitute check is an electronic copy of the front and back of your original check, can be easily printed for you at any time, and provides the legal equivalent of your original check.

Check 21 changes you may notice

  • Time between writing a check and when it's cashed generally decreases.

  • Many financial institutions may no longer retain and return your original checks. printing^setting up to print, . However, substitute checks are always available in printed format for you from your financial institution.

  • Your financial institution may contact you about fees for checks that are not Check 21 compatible.

  • Text for the check dollar amount is preset by Quickbooks to Arial 10 point font, and can't be changed.

    Note: You have the option to use other fonts for all other text on your printed check.

  • Text fonts printed on your checks can't be in color. printing^setting up to print, .

  • There are additional impacts for Check 21 wallet checks.

Intuit checks are guaranteed

As Check 21 changes continue to evolve, Intuit monitors industry developments and updates QuickBooks and the checking products supplied to individuals and businesses.

Intuit's guarantee: If you purchase your checks from Intuit, we will continue to protect you with our money-back guarantee that our checks will be accepted by every financial institution in the U.S.

Note: Intuit doesn't guarantee that Traditional wallet checks purchased after August 1, 2005 are Check 21 compatible.

Learn more about Go onlineCheck 21. printing^setting up to print, .

See also

KB ID# H_PS_OV_CHECK21
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11/23/2009 9:35:04 AM