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I heard that something called Check 21 will change how I receive cancelled checks with my bank statements. What is Check 21?

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I heard that something called Check 21 will change how I receive cancelled checks with my bank statements. What is Check 21?

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Check 21 is Federal legislation that went into effect on October 28, 2004. Check 21 permits banks to use a new type of negotiable item called a “substitute check.

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