FedForward® Services

FedForward Services provide financial institutions with the ability to submit an image or paper cash letter of forward collection items that the Federal Reserve Banks will clear and Banks present as either substitute checks or an electronic file to the paying bank.

The following FedForward products allow you to enjoy the benefits of Check 21-enabled processing regardless of where you are in your journey to electronic check clearing:

FedForward Image Deposit Service (PDF)

Deposit option that enables you to deposit mixed, presorted, or fine sort image cash letters of forward collection items. The Federal Reserve Banks will clear the items and present either substitute checks or an electronic file to the paying bank.

FedForward Accelerated Cash Letter Deposit Service (PDF)

Deposit option that enables you to submit a traditional mixed paper cash letter deposit for which you elect to have all items in the cash letter cleared as quickly as possible, using imaging and electronic clearing where appropriate and possible to accelerate availability.

FedForward Cull From Mixed and Other Fed Paper Deposit Services (PDF)

Deposit option that enables you to have items above an established dollar threshold culled from mixed and other Fed paper deposits for clearing through Check 21-enabled services.

Discover the benefits of FedForward Services

  • Accelerated funds availability and transportation savings
  • Flexibility to deposit mixed or sorted cash letters depending on capabilities and objectives
  • Opportunity to reengineer backroom operations to achieve efficiencies
  • Easily accessible customer service from knowledgeable support groups
  • Plus additional benefits highlighted in the FedForward product sheet (PDF)

Read what customers say about the service

“The first thing we saw was that our funds availability jumped to 95% immediately after FedForward implementation. All the features of Check 21 have been turned into benefits at Independence Bank.”

– Connie Holmes, Vice President of Independence Bank

“Now that we are depositing FedForward Image Cash Letters, we have more operational flexibility and can respond more quickly to environmental changes than we could when sending paper only.”

– David Rathke, Vice President Float Management, Frost National Bank

Read more case studies

Access Easy-to-Use Online Tools to determine if FedForward Service is right for you

Check 21 Business Value Calculator

Find out where you stand when it comes to enjoying the savings, efficiencies and enhanced service offerings afforded by Check 21-enabled solutions.

To start using this service, visit the FedForward setup page or contact your account executive.

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