I read that you can print your own checks, but many banks will not accept or place fines on checks which don't have the routing and account number not written in magnetic ink. My related questions about this:
- Is this still true?
- Do the Federal Credit Unions have standardized rules on the requirements of checks, and fees/fines etc.?
- In either case, where can one find such information on bank websites?
- Which bank determines these rules? The payee's bank where it will be deposited by the depositor, or the payer's bank whose name appears on the check?