Abstract: A method for electronically transmitting or transferring checks between financial institution(s) particularly between an Originating Depository Financial Institution (ODFI) and a receiving banking financial institution (RDFI) comprising scanning each of the check(s) to electromagnetically read “MICR” line information printed on each check; capturing an image of the front and back of each check; forming a computer document file of the scanned MICR line information for each check; transmitting the computer file over the internet via e-mail to the receiving depository financial institution (RDFI) upon which the check is drawn using the e-mail address consisting of the ABA routing number and the corresponding domain name of the receiving depository financial institution (RDFI) as currently maintained by the RDFI financial institution and returning the original check(s) to the maker(s) account or a substitute image thereof.