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Finance fears, paper chase keep checks in the mail.

Authors :
Roush, Matt
Source :
Crain's Small Business -- Southeast Michigan Edition; June97, Vol. 5 Issue 6, p13, 2/5p
Publication Year :
1997

Abstract

Discusses why businesses in Michigan cannot readily withdraw funds from deposited checks on float. Bankers' fear of check fraud; Amount of time before out-of-state checks get credited; Antiquity of the system used to process checks in the United States; Banks' preference for debit cards.

Subjects

Subjects :
CHECK float
CHECK fraud
CHECK collection systems

Details

Language :
English
ISSN :
10818782
Volume :
5
Issue :
6
Database :
Supplemental Index
Journal :
Crain's Small Business -- Southeast Michigan Edition
Publication Type :
Periodical
Accession number :
9707153625

Tools

Authors Abstract Subjects Details