4 Today, businesses can use the information on eligible checks they receive over the counter and at lockbox locations to create ACH debit transactions. Partly as a result of the private sector’s expanding use of check conversion, the total volume of checks collected by Federal Reserve Banks has in recent years fallen faster than the estimated decline in the number of checks being written.
2  BIS Review 16/2008  This table shows that the most generous schemes are actually closer to insurance schemes and the need for actuarial equilibrium is therefore all the more necessary. But inevitably pensions interact with tax. Therefore the better measure might be net replacement rates. 2) Second insight.