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Check Collection Process

196122m
Documentary

Status

Released

Release

1961

Runtime

22m

Storyline

Uses animation and live action photography to investigate the check collection procedures of the American banking system. Examines in sequential order the stages in processing a check from the time of deposit until marked canceled "paid". Shows the operations of the depository bank and examines the means of check collection from the banks on which checks are drawn. Explains the functions of the clearing house, correspondent banks, and the Federal Reserve System and shows the operations of the payor bank. Indicates the financial motives of the banks, the importance of efficiency in freeing bank funds for investment, and exceptions to usual routine such as large checks and return items.

Score Distribution

Details

Status
Released
Runtime
22m
Jan 1, 1961
Languages
English
Production
The National Legal Audio - Visual Center
The National Legal Audio - Visual Center
Indiana University
Indiana University
Production Countries
United States of America

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