6/12/26
ICBA Comments on Treasury Rule on Federal Use of Paper Checks
ICBA said it supports the overall objectives of a Treasury Department proposed rule to reduce the federal government’s use of paper checks while requesting clarifications.
ICBA’s letter includes recommendations on payment endpoints, hardship and reasonable-need exceptions, Treasury’s approval process for one-off paper checks, and federal coordination.
The Treasury rule implements Executive Order 14247, which directed Treasury to transition from paper checks to electronic payments for all federal disbursements and receipts.