Check 21
4 min! Run Time
Employees
only
Provided
What you'll learn
Skills covered in this course
Description
The Check 21 Act amends Regulation CC to bring modern technology to the check payment system.
What this course covers:
- How Check 21 relates to Regulation CC and expedited funds availability
- The purpose behind the Check 21 Act
- How check truncation is made possible
- Efficiency gains for the check payment system
For bank operations and teller staff who process checks under Regulation CC.
System Requirements
See System Requirements in the Coggno Knowledge Base
Author
Check 21
Frequently Asked Questions
It amends Regulation CC to bring modern technology to the check payment system, enabling checks to move electronically instead of only as paper.
The course explains how Check 21 relates to Regulation CC and expedited funds availability, since the act builds directly on that existing framework.
The course covers how check truncation is made possible under Check 21, which is central to the efficiency gains it describes for the payment system.
It's built for bank operations and teller staff who process checks under Regulation CC.
It covers the efficiency gains for the check payment system that come from replacing physical check movement with electronic handling.
