As of early 2019, nearly all the checks processed for collection by Federal Reserve Banks are still received as paper checks.

Name: As of early 2019, nearly all the checks processed for collection by Federal Reserve Banks are still received as paper checks.
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As of early 2019, the majority of checks processed for collection by Federal Reserve Banks are done electronically through the Check 21 system, significantly reducing the number of paper checks.

As of Early 2019, Nearly All the Checks Processed for Collection