Understanding Check 21
As a law:
A new federal law of United States of America – the Check 21 Act – necessitates some changes in the way your paid checks are
handled. As a result, customers will notice some of their checks contained in their monthly statement look different.
The changes brought on by Check 21 will improve check collection by automating many high-touch procedures. The result should be faster, more efficient clearing and posting of check payments.