To process payments faster and more efficiently, many banks no longer transport paper checks, but replace them with digital images — called substitute checks — that can be transferred electronically, in a system called check truncation. When you receive your account statements, the bank may send you substitute checks in place of cancelled checks, e [..]

The conversion of data on a check into an electronic image after a check enters the processing system. Check truncation eliminates the need to return canceled checks to customers. See also Check 21

For fast and efficient payment, paper checks are replaced with digital images. Checks are transferred electronically through a system called check truncation. Truncation is made after a check enters t [..]

The conversion of physical checks into electronic form for transmission to the paying bank.

Shortening of processing steps, in an effort to reduce paperwork and operating costs. For example, check truncation, or check safekeeping, where the bank holds the checks or microfilm records of them in a central file.