The Treasury Department is seeking public feedback on its planned elimination of most paper checks as part of a government-wide shift to electronic payments.
The department last month released a request for information related to President Donald Trump’s executive order, “Modernizing Payments To and From America’s Bank Account,” which transitions federal disbursements to electronic payments.
Under the executive order, effective Sept. 30, Treasury will no longer issue paper checks for federal disbursements, including Social Security benefits, tax refunds and vendor payments.
“Paper checks are increasingly the front door for fraud,” the department said in a news release. “Treasury is committed to raising awareness of the growing fraud risks associated with paper checks and providing Americans with the knowledge and tools to fight financial fraud and make informed financial decisions.”
Treasury is now encouraging interested individuals and organizations to provide feedback on its implementation of the executive order and make recommendations to raise public awareness about the transition to digital payments.
Treasury will accept written comments through Monday, June 30. Click here to find instructions for submitting your comments, along with specific questions related to the proposed implementation.