Wichovia On Line Banking and the History of Bank Checking

No one believes that the emergence of the first part of the inspection of financial transactions. Some people believe that this practice originated in Rome around 350 years, but there is no documentation on this theory. As we all know, banks are in ancient Greece, Mesopotamia and Rome, but there is no evidence that the transactions.

Original medieval Italian bank, but must appear in person for depositors business or in some other way to pay margin account client. Gradually, the appearance of written instructions in order to facilitate the depositors.

Ultimately, the Netherlands began to employ the inspection system in the early 16th century. Banks began to pay for their client accounts, of receiving the written statement, this is the beginning of account-based payment method. The concept quickly spread to England and started in the late 18th century writing, checks and deposits, or "check", because at that time. However, these hand-written checks, it is easy to copy or fake, so very concerned about the security of depositors funds.

People began to use a check in the U.S. in 1600 when a businessman at the end of short-term cash at the beginning of mortgage their land and use the funds to write checks against. As far as is known, the first inspection?????bankers from Great Britain in 1762. The term "inspection" May be used, because the number of papers on the course or "checks" they.

The inspection resulted in a number of issues, bankers, and even because they have achieved popularity. How to earn money as a result of banks from other banks and securities? Courier travel for inter-bank to carry out inspections and submit their collection, but for security reasons, this is not a good solution. Thus, the eighteenth century, the story said, a bank in London will talk about the second messenger Messenger and found that they learn to check other people's banks. They exchanged them on the scene, how to stimulate thinking, exchange of bank checks, or "clearing house". The concept is still in use today.

Banks in the United States to check the current directly from other banks, the Federal Reserve or a private collection clearing house. Sorting device for reading at the bottom of each check and local groups in need. Identification of a bank routing number and customer reference number, and then check on the assets and borrowing. Check for the actual delivery of the inter-bank in some way, but today with special machines to check the Federal Reserve through electronic scanning, and submitted to the bank, which they use.

Check the use of very simple, almost no other person from the customer's name and number of banking institutions with the information. Several decades ago, banks began to try to attract more customers with a detailed view, different colors, some attractive to the border, perhaps the letter. The idea was soon with the bank customers, and will gradually have more variety of products, such as fancy printing and subsequent limited interest in small logo creation, cats, dogs, some flowers. Customers are also very excited about these innovations and encourage banks to expand their range of inspection, provided that for them.

From there, sports really started rolling. Today, bank customers choice between one hundredth of different themes, colors, logo, printing and border inspection. They may even decide to personal family photos printed on the check! Also, did not buy them to check their bank, in fact, many banks that his customers trust external sources. Although many people pay bills and use of electronic credit or debit card for the purchase and sale of business inspections, not reduced. The inspection will be with us for a long time, in its rich diversity!
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