Law

Recently, personal checks have undergone a major revolution. Electronic funds transfers made it seem that paper checks were disappearing in the same way as rotary telephones. However, that doesn’t seem to be the case, as there are still payments to be made that cannot always go electronically. With the American National Standards Institute’s (ANSI) new, stricter criteria for check regulations, personal checks have become an increasingly secure document; to the point that all checks, be it personal, business, or government, have specific security measures that they won’t even pass the bank teller or ATM machine without.

Among these are special inks, artificial watermarks, and micro printing. The special inks include chemical sensitive inks that react to body head and metallic inks, such as MICR, that can be read by computers, which keep the amount of the check from being changed. New “reader” computers can verify whether the bank account being drawn from is active, the authenticity of the checks, and their origin, almost instantaneously. There are also features imbedded into the actual check paper itself, such as specialty fibers and inks that were added to the paper as it was being created.

Along with this revolution in security, is an ingenious new idea in personal checks; adding your photo on each of your checks. The creativity of the new photo checks actually allows the producer of these checks to incorporate more of the security standards while making personal checks an even greater expression of the individual. The addition of individuality to the safety measures already in place on personal checks gives users an even greater sense of security.

You can order checks through a bank website or through the myriad of checks producers online. As long as the check producer has the security features available, it is a safe and secure process to create a self-expressive method for transferring funds. Many locations will accept online checks, adding further guards against fraud by creating a paper trail and removing the possibility of a hacker stealing data that can easily be used anywhere in the world.

Among the many advantages of the new federally regulated checks is the ability to access payments quicker. Many times funds are available within hours instead of days, and out-of-state funds take days instead of weeks. With all these advancements in security technology, the personal check has become as secure as Fort Knox and more dependable than the weather forecast.
Read More
Discount Personal Checks