The Future of Checks – Tales From The Crypt
South State Correspondent
OCTOBER 25, 2023
While this number varies widely by banks, on average, we estimate that about 15% of the fixed branch and ATM costs, plus the support staff, should be allocated to check handling based on time-on-task. In addition to the logistics of check clearing and the availability of fraud, settlement is no easy feat. That is an expensive item.
195 
Let's personalize your content