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The Electronic Check | ||
| AL- Mouhakiq Al-Hilly Journal for legal and political science | ||
| Article 1, Volume 7, Issue 3, 2015, Pages 561-586 | ||
| Authors | ||
| Nuha Khalid Essa; Esraa Kdair Madloom | ||
| Abstract | ||
| Abstract Check-mail address: is the equivalent of electronic checks traditional paper which we are accustomed to deal with, which is a electronic message documented and locked it sends the source of the instrument (the buyer) to a recipient check (Merchant) for adoption and submit it to the bank, which works via the Internet, to the bank deduct the amount of purchases made via the Internetthe balance of the buyer and added to the balance of the merchant and is this discount electronically and intervention of the banking system, and then the bank to cancel the instrument and return it electronically to the recipient of the check (the merchant) to be an indication that he had been to cash the check actually can be the recipient of a check to be sure electronically it has already beentransfer the amount to their account, and then the bank shall notify each of the parties as of the transaction banking, any balance from the buyer discount and add it to a merchant account. The electronic check is used in the same manner used by traditional check, but the first is more secure than the second because of the difficulty of forgery and providing many of the means of protection and electronic security. | ||
| Keywords | ||
| Electronic Check | ||
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