Bank 1 then removes or "truncates" the original check from the clearing process and uses the check image, MICR data, its own electronic endorsement, and the electronic endorsements to create a substitute check.
Bank 1 then removes (truncates) the original check from the clearing process. The reconverting bank then uses the check image, MICR data, its own electronic endorsement, and the electronic endorsements received from Bank 1 to create a substitute check.