The Accounting and Financial Systems Division of the Administrative Office of the U.S. Courts has selected the United States District Court for the District of Maryland for participation in a financial management pilot program entitled Paper Check Conversion Over the Counter ("PCC OTC"). This program is an initiative managed by the Department of the Treasury, Financial Management Service, to convert or truncate checks to expedite the collection of funds paid to federal agencies by members of the public. It will be implemented by the United States District Court for the District of Maryland on or about Tuesday, June 1, 2010.
Federal agencies collect funds from the public at various locations using numerous collection mechanisms. The PCC OTC program focuses on the collection of public monies via checks presented by customers. Under this program, checks presented to the Clerk of the United States District Court for the District of Maryland will be converted to debit entry transactions or
truncated to create substitute checks.
Please be advised that when this court receives a check as payment, the payee is authorizing the court to utilize hislher check information to make a one-time electronic fund transfer from the payee's account or to process the payment as a check transaction. When an electronic fund transfer is made, funds may be withdrawn from the payee's account on the same day this court receives payment and will result in the payee not receiving hislher check returned from the financial institution.
If you have any questions regarding this program, please contact the finance department at 410-962-2613.