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Frequently
Asked Questions
Here are some of the
questions that we hear most frequently:
1.
Is this legal?
2.
Will my bank accept these checks?
3.
Is there a guarantee on this software?
4.
Do I need Magnetic Ink/Toner for my printer?
5.
Do I need special bank paper/check paper?
6.
How do I get the check information from my customers?
7.
Are these checks guaranteed?
8.
I live in another country, are these checks legal here?
9.
What's the difference between this software and others on the
market?
10. Can I draft a savings account.
11. What
about Tech Support?
1.
Yes it is! Printing checks is legal according to U.S. Banking
Statutes. Paper drafts are explicitly established as a
legal method for payment as provided in: Uniform
Commercial Code, Title 1, Section 1-201 [39] and Title 3,
Sections 3-104, 3-403, 2-403 Code of Federal Regulations,
Title12 Chapter II, Part 210 Regulation J, Federal
Reserve Bank, Part 2, Sections 4a-201 to 4a-212.
2.
Yes, in almost 99% of cases. If your bank does not there's
about 100% chance that a bank local to you will. Some
older banks have not yet upgraded their processing of checks
and still require magnetic ink. This does not mean that they
will not process checks generated in this fashion, it simply means that you may need to purchase
magnetic ink for your printer. Some tellers may not have heard
of this method of checking, simply point out the statutes that
relate to this method. We know of no banks which will not
accept these checks nationwide.
3.
Yes, you can use the 100% complete registered version of
the software for 30 days and then decide if you want to
purchase it or not. Download
the demo and use it for free.
4.
Probably not, most banks have upgraded their check processing
applications and no longer require the magnetic ink or they
will process your checks manually. If you do need MICR
toner or ink we can suggest several links to reputable
sources. All you need for a printer is an inkjet or
laser jet printer.
5.
The Federal Reserve Board requires checks to be written on
special "secure" paper to be accepted by
depositors. We can supply you with paper or you can find a
local office supply store in almost every community where you
can purchase the paper. Our paper is Quicken/Quick books
compatible and is business size checks that come 3 to an 8.5 x
11 page and have a 1/2" strip at the bottom. Versa
Checks are a compatible brand. Take a look at our
checks printed.
6.
To avoid confusion, we recommend they fax you a check. This
cuts down on human error when reading the numbers off the
checks. However, you can accept this information via
fax, phone, web, email, ham radio... It doesn't matter as long
as you have verbal or written permission to draft the account.
7.
These checks are exactly the same as taking a
"normal" check. Any policies you have pertaining
to checks should apply to these as well. You can work with an
independent check guarantee company if you like.
8.
Yes and Maybe. If you have a U.S. checking account, then you
can legally take these checks in another country and
deposit them into your U.S. Account. Otherwise, you will need
to consult your country's Banking Laws. If you like, you can
see the statutes that make it legal here. They
may be of some assistance to you. We do not keep track of
foreign banking statutes.
9.
Some products are written in an old-fashioned version like DOS
or Windows 3.11 which are less user friendly. Some are
charging up to $3-400 for their product which comes with
additional monthly fees, etc. Some offer their product for
less than $50 but their software requires you
to use their specialized check paper so that you'll pay more
for the necessary paper products throughout the years to come.
Check the fine print on these competitors of ours and then
check back to EBSEFT Q~Check and compare.
10. These
are regular checks and they draft checking accounts and not
savings account.
11. Tech Support is by
Phone, Email, Fax. Check
out the Tech Support page.
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