How can Business Check Conversion impact my business checking account?
Checks that contain an auxiliary on-us field in the MICR line will not be eligible for conversion into ACH transactions (via POP or ARC). These checks are typically nine inches in length compared to consumer checks, which are six inches in length. Checks issued from any of your accounts using ARP or CDA services should not be converted if they comply with the KeyBank standard MICR specification sheet, since these checks do contain the auxiliary on-us field and are nine inches in length. If you do not want your organization?s checks to be eligible for potential conversion to ACH transactions (i.e., if you want to opt out), your organization can do so by: • Use check stock that contains the auxiliary on-us field in the MICR line and is nine inches in length. • Verify if you have multiple KeyBank accounts, and if any of those accounts use consumer sized checks (typically six inches in length and do not contain the auxiliary on-us field), contact your check printer and change your check st
