Cheque truncation

Example of a US truncated cheque(Substitute check)Front viewRear view

Cheque truncation (check truncation in American english) is the conversion of a physical cheque into a substitute electronic form for transmission to the paying bank. Cheque truncation eliminates cumbersome physical presentation of the cheque and saves time and processing costs.

单词	Check truncation
释义	Check truncation 英语百科 Cheque truncation Cheque truncation (check truncation in American english) is the conversion of a physical cheque into a substitute electronic form for transmission to the paying bank. Cheque truncation eliminates cumbersome physical presentation of the cheque and saves time and processing costs.
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Check truncation

Cheque truncation