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What is electronic check conversion?

How will I know my check has been electronically presented for payment by the shop?

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Question added by Subhranshu Ganguly , Quality Analyst. , WIPRO
Date Posted: 2014/01/29
Mohammed Salim Allana
by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

This process is used under Electronic clearing system (paper less).

 

Electronic check conversion is a process in which your check is used as a source of information-for the check number, your account number, and the number that identifies your financial institution

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