subject: Choosing Your Personal Sports Checks [print this page] When it comes to buying personal checks, there are a number of places where they may be bought. One of the most popular alternatives is the local bank where the account is located. This could be the most convenient and easy way to get checks ordered, particularly if it is for a completely new account. Whenever a consumer opens a new account, they often will not have the right information in order to order checks from a third party company. In many cases, the third party company will not accept your order without a voided check. They may consider temporary checks to be unacceptable also.
The drawback of buying checks from a bank is that they generally cost more than with any other check service. This means your order for checks is going to be in a smaller quantity like 100, 150, or 200 checks. However, the development of electronic billing ensures that many consumers don't necessarily need a lot of checks.
In almost all cases, consumers can save more money by choosing to buy personal checks from a third party company or even order checks online instead. There are a number of advantages to that. To start with, the cost of the checks is going to be cheaper. Oftentimes, they're a lot cheaper. The customer can choose to use the savings to buy more checks or even simply pocket the savings.
Another good reason why consumers should think about a third party company for checks is that they can generally choose from a lot more styles, like sports checks and even checks with a business logo on it. This is especially true for check companies that are found online since it is extremely easy for consumers to look at various designs. It's more likely consumers will find a great looking check form a third party company rather than a bank.
Among the advances in banking that has affected personal checks is the amount of time it takes to clear one. In the past, checks had to be moved by truck and airplane to become cleared. It could take days to clear a check, meaning banks need to look out for more fraud from those people who are manipulating the float time.
These days, checks are scanned electronically and transmitted electronically from location to location. This means it usually takes only one or two days to clear a check. Most checks will clear within one day. This development has also caused banks to decrease the hold time on checks. Big checks in many cases are still susceptible to long holds of up to 11 working days.
Today, more businesses are notifying people that personal checks written to pay a bill can be converted to a one-time electronic ACH debit to the bank account. That means the business acquiring the check can get the funds electronically even faster. This is one of the reasons why consumers should already have the available funds prior to writing a check.
The development of electronic debit and electronic billing ensures that there's less demand for paper checks. It is becoming far more convenient to do electronic bill payment instead of to write a check and put it in your mailbox.
