官方APP下载:英语全能特训(微信小程序版,支持苹果手机、安卓手机)
创办于2003年
UNSV记不住?那就记中文谐音“忧安思危”吧!
  Slow and Steady Wins the Race!
UNSV英语学习频道 - Slow and steady wins the race!

英语全能特训(微信小程序)
UNSV英语学习频道淘宝网店
客服短信:18913948480
客服邮箱:web@unsv.com
初级VIP会员
全站英语学习资料下载。
¥98元/12个月

ECONOMICS REPORT - New Law Changes U.S. Checking System

阅读次数:


VIP会员专享下载:(非VIP会员无权下载!如果想下载,但还不是VIP会员,请点此订购
下载方式:使用鼠标右键(注意是鼠标右键!)点击下面的MP3音频/MP4视频链接,然后选择“另存为…”。
PDF节目文稿 PDF节目文稿  MP3节目录音 MP3节目录音 
文章正文
同步字幕

This is Gwen Outen with the VOA Special English Economics Report.

A change in the United States banking system will affect how thousands of millions of dollars in payments are processed. The new law is known as Check Twenty-one. It takes effect in October.

A check is a written order to a bank to pay an amount of money. People or businesses keep money in a bank. They write paper checks to spend that money.

The Check Twenty-one law changes the way checks are processed. Today, people write checks and send them as payment. Then they have the right to have their checks returned to them from the bank for record keeping. After October, they will no longer have that right. Banks will keep only electronic images of the checks.

Americans will be able to ask for electronic copies of their checks so they can dispute mistakes. But there is a limit to how much money they can receive if a mistake has been made. Also, no rules limit how much the electronic copies can cost.

In another big change, checks will be approved for payment sooner. This will end what is called the "float." This is the average time between when a check is written and when it is paid. A check floats for several days as it is transported from bank to bank to be approved for payment. Every day, thousands of millions of dollars float through the system uncollected for payments.

With the new law, most checks will be approved in less than one day. However, although checks will be approved sooner, banks will not be required to provide payments sooner.

Americans write more checks than people in any other nation. They also use electronic money exchanges more than anyone else.

The International Business Machines company makes equipment that processes payments. It says that processing one paper check costs from seven to fifteen cents. In the year two thousand, Americans wrote about forty-three thousand million checks. Banks spend thousands of millions of dollars processing checks. But Americans are writing fewer checks each year. IBM says this creates cost pressures on banks.

The new law does not necessarily reduce costs for all banks. Banks that do not have the technology to electronically process checks may have to seek the help of other banks. Or they may have to end their checking services.

This VOA Special English Economics Report was written by Mario Ritter. This is Gwen Outen.

网友的学习评论(0条):
版权所有©2003-2019 南京通享科技有限公司,保留所有权利。未经书面许可,严禁转载本站内容,违者追究法律责任。 互联网经营ICP证:苏B2-20120186
网站备案:苏ICP备05000269号-1中国工业和信息化部网站备案查询
广播台