Common use of Substitute Checks and Your Rights Clause in Contracts

Substitute Checks and Your Rights. To make check processing faster, federal law permits banks to replace original checks with “substitute checks.” These checks are similar in size to original checks with a slightly reduced image of the front and back of the original checks. The front of the substitute check states: “This is a legal copy of your check. You can use it the same way you would use the original check.” You may use a substitute check as proof of payment just like the original check. Some of the checks that you receive back from us, such as returned deposit items, may be substitute checks. When you receive a substitute check from us, it will be accompanied by a notice describing your rights.

Substitute Checks and Your Rights. To make check processing faster, federal law permits banks financial institutions to replace original checks with “substitute checks.” These checks are similar in size to original checks with a slightly reduced image of the front and back of the original checkscheck. The front of the a substitute check states: “This is a legal copy of your check. You can use it the same way you would use the original check.” You may use a substitute check as proof of payment just like the original check. Some of the checks that This notice describes rights you have when you receive back substitute checks from us. The rights in this notice do not apply to original checks or to electronic debits to your account. However, such as returned deposit items, may be substitute checks. When you receive a substitute check from us, it will be accompanied by a notice describing your rightshave rights under other laws with respect to those transactions.