Check Conversion for Financial Institutions : Introduction to Check Conversion

Check conversion for Automated Clearing House (ACH) processing is among the fastest growing types of electronic payment applications due to its enormous benefits.

Check conversion has added efficiency to the nation's payment system, generated savings for businesses, and led to more privacy, fewer errors, and greater protections for consumers.

Your individual customers may have questions and concerns about the check conversion process, and may contact you for clarification. Additionally, your business customers may want to learn how to start taking advantage of the considerable cost savings that check conversion offers.

We hope you will use the information and training resources in this section of the site to educate your staff about check conversion and to explain the process to your customers.

	Benefits Find out how check conversion increases efficiencies for the U.S. economy and protects the financial privacy of individuals, while achieving considerable cost savings to business customers. See more benefits »
	How it Works View every step in the process for both your business and individual customers, from initial notification to post-conversion confirmation. Read More »
	Fast Facts Check payment volume is declining and electronic payment volume is increasing. Read More »
	FAQ Get answers to frequently asked questions about check conversion. View the FAQs »
	Business Checks Ineligible for Conversion What is the Auxiliary On-Us Field? How do you identify business checks that are ineligible for conversion? Learn about this important NACHA rule change »

Back Office Conversion is a new type of check conversion application that will become available to businesses on March 16, 2007.

Learn the about the new BOC rule, and how to prepare your business and your customers for the coming change:

Learn about the Identification of Business Checks Ineligible for Conversion rule, in place as of September 2006. Find out how to identify ineligible business checks, and what this means to your financial institution. More about this NACHA rule change »

Accounts Receivable Entry (ARC)
Conversion of checks that are written by consumers to pay bills, and are converted by the biller.
Point of Purchase (POP)
Conversion for checks that are written at a store checkout counter for goods or services purchased that day.

Benefits

How it Works

Fast Facts

FAQ

Business Checks Ineligible for Conversion