What will trustees receive with their bank statements if an original check is truncated?
If an original check is truncated, trustees will receive either a substitute check or an electronic check image (front and back) with their monthly bank statement in place of that original check. Once an original check is truncated, customers are no longer entitled to demand receipt of their original paid check. The electronic image will be in the form of images printed on paper (no more than four checks, front and back – eight images total per statement page) or, for standing trustees only, may be furnished on CD-ROM.
