Twenty-three suggestions for revamping deposit agreements. Collection of paper checks: the legal framework -- Check truncation and automated collection under the UCC -- Electronic check presentment, the ECCHO rules, and the role private agreements -- Remotely created checks -- Conversion of checks to ACH debit entries -- ACH payments - the legal framework -- Check 21, substitute checks, and image exchange -- Impact of Check 21 on bank risks: check fraud, overdrafts, and stop payment orders -- Remote deposit capture and the risk of duplicate payments -- Twenty-three suggestions for revamping deposit agreements.
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