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Method for paperless generation of electronic negotiable instruments

  • US 20070130063A1
  • Filed: 12/01/2005
  • Published: 06/07/2007
  • Est. Priority Date: 12/01/2005
  • Status: Abandoned Application
First Claim
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1. A method for generating an electronic negotiable instrument, the method comprising the steps of:

  • a. receiving input from a user;

    b. verifying that a one time consent exists on file;

    c. generating an electronically created check file; and

    d. delivering the electronic instrument for forward collection.

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