how did banks clear checks and get funds from other banks before computerization?

Question

how did banks clear checks and get funds from other banks before computerization?

In: 6540

Answer 1

Ah, kids these days don’t know about floating checks to pay your rent. Or writing a check for a penny, to yourself, to get cash back from the grocery store, to float yourself, and then hoping your paycheck clears before the check clears. Memories.