Notice - Paper Check Conversion Program Participation
Thursday, February 19, 2015
The United States Bankruptcy Court for the District of North Dakota has implemented
the Department of the Treasury’s OTCnet check capture program. This initiative,
managed by the Treasury’s Financial Management Services Division, allows for the
conversion of paper checks received and expedites the collection of funds paid to
federal agencies by members of the public. Under this program checks presented to
the Bankruptcy Clerk of Court will be either converted to debit entry transactions or
truncated to create substitute checks.
Pursuant to the notice requirements set forth under 31 C.F.R. Part 210, please be
advised that when you provide a check as payment you authorize the clerk’s office to
either use information from your check to make a one-time electronic fund transfer from
your account or to process the payment as a check transaction. When we use
information from your check to make an electronic fund transfer, funds may be
withdrawn from your account as soon as the same day we receive your payment and
you will not receive your check back from your financial institution.
Privacy Act – A Privacy Act Statement required by 5 U.S.C. § 552a(e)(3) stating our
authority for soliciting and collecting the information from your check and explaining the
purposes and uses which will be made of your check information is available at
http://www.fms.treas.gov/otcnet/legal.html or call toll free at (866) 945-7920 to obtain a copy
by mail. Furnishing the check information is voluntary, but a decision not to do so may
require you to make payment by some other method.
If you have any questions concerning this program, please contact the clerk's office at (701) 297-7100.