Out of Town Check

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Out of Town Check

A check written in a municipality different than that of the bank on which the check is drawn. For example, if Bob holds an account in a different state and pays his landlord with a check from that account, Bob has written an out of town check. These checks may not be accepted, especially in small towns.
References in periodicals archive ?
Using the MasterMoney card also is convenient for travelers who would rather not carry a lot of cash or be concerned about a merchant accepting an out-of-town check.
There goes the float, particularly for out-of-town checks that used to have a minimum two- to three-day float, not counting time spent in the mail.
To avoid such exchange charges, out-of-town checks were usually collected through the correspondent system.
This method for collecting out-of-town checks involved a lot of paperwork.
The five-day rule on out-of-town checks doesn't seem to be a problem.
The New York plan attempted to eliminate altogether the use of out-of-town checks for settlement of payments in New York City.
Banks in some cities attempted to cooperate in coping with the challenge of collecting out-of-town checks.
Their objective was to eliminate the use of out-of-town checks for payments in New York City.
The cost of collecting checks, including the cost (borne primarily by correspondent banks) of routing out-of-town checks to paying banks.
Cleaning Out-of-Town Checks in England and the United States, 1903.