"G.R. Patterson III" wrote in message
...
Of course! The "paperless" era that computers were supposed to produce has
produced
more paper records than ever before.
Though, my understanding is that the Federal Reserve is supposedly working
on some change to the banking rules that would allow checks to clear without
a paper trail, or at least without an immediate paper verification (I
suppose the checks could be shipped by less-expensive means, to verify the
cleared check at a later date).
I have no idea how practical that idea is, in terms of what electronic
authentication would replace the paper trail, but obviously the impact on
the check flying industry would be major.
Pete
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