BUSINESS FORMS CHECKS SECURITY OPTIONS CHECK 21
	THE CHECK CLEARING FOR THE 21st CENTURY (CHECK 21)
	What does this mean? - The Check Clearing for the 21st Century Act (Check21) was signed into law on October 28, 2003, and became effective on October 28, 2004. Check21 is designed to foster innovation in the payments system and to enhance its efficiency by reducing some of the legal impediments to check truncation. The law facilitates check truncation by creating a new negotiable instrument called a “substitute” check or “Image Replacement document” (IRD), which would permit banks to “truncate” original checks, to process check information electronically, and to deliver substitute checks to banks that want to continue receiving paper checks. A substitute check would be the legal equivalent of the original check and would include all the information contained on the original check. The law does not require banks to accept checks in electronic for nor does it require banks to use the new authority granted by the act to create substitute checks. How will this impact the sign of my new checks? - Printcom automatically adjusts the design of our client’s checks to comply with “Check21” requirements. We do this on new checks and any repeat orders that have not been updated. This is another way that we help our clients “manage” their print buying.