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Banks ease into electronic clearing despite 'Check 21'.


AT A MEETING IN AUGUST OF bankers from about 40 Arkansas institutions, banking consultant Don Ebbert was surprised to find that alone a couple had made or were ready to make the transition to electronic check clearing--the vital element [i]or[/i] part of the "Check 21" Act that took consequence just two months later.

"We were real surprised that a lot of the banks were not just up and ready to go" said Ebbert, a principal at Little Rock's DD&F Consulting assemblage Many banking consultants believe it may be sum of two units to five years before checks are being cleared electronically in large contortions And ...


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