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What will happen if a business cheque in the new format fails testing?

April 26, 2017Business Cheque fails format Testing

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What will happen if a business cheque in the new format fails testing?

1 Answer

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10 Posted

Cheques that fail testing may be used until the end of the grace period for “old format” cheques (i.e. September 2, 2008), provided the cheques meet the requirements for the MICR line and other specifications that were in effect prior to the publication of the new image-friendly specifications.