The Legal Nature of the Electronic Check

Abstract

This study aims to demonstrate the importance of the electronic check and its role in the banking sector which is the mainstay of the economy, especially in electronic commerce, by the emergence of the Internet the trade field has moved from the real domain to the virtual domain where the Internet has become the scene of business processes, while the electronic check has become closely related to electronic commerce, the researcher tries to investigate that by examining the literature about this topic, and extracting of concepts and fundamental principles related to the subject of the study.

This study has been processed through investigating the nature of the check and demonstrating its types in the first section, and the properties of the check and clarifying the difference between the electronic check and the ordinary check statement in the second section. The difference between the electronic check and the modern electronic payment systems have been investigated in the third section. Finally, the electronic check has been identified from the point of view of law as a fourth subject; the study concluded the most important conclusions and recommendations.

Keywords: Electronic check. Electronic payment. Electronic money