What does ARC stand for?

This will enable an institutional or corporate customer to use accounts receivable check conversion to convert incoming consumer checks into ACH transactions and to process all other checks as substitute checks.

announced the introduction of CrossCheck Business Office Conversion Plus(SM), a check conversion and guarantee service for consumer and business checks including accounts receivable checks.

Business Editors SAN FRANCISCO--(BUSINESS WIRE)--March 12, 2002 Accounts Receivable Check Conversion Will Significantly Reduce Costs, Consumers May Start To Receive Copies Of Original Checks Long-awaited rules that enable financial institutions to turn paper checks into electronic debits for millions of re-occurring consumer payments take effect on March 15, and the changes may presage some of the most significant impacts to the nation's Automated Clearing House in recent years.