MICR Products

Federal Reserve Financial Services’ MICR Products provide financial institutions with earlier access to check information in your Federal Reserve Bank cash letter through a multitude of options. These products can increase your flexibility and potentially save you considerable time in your back room operations. They also allow you to reduce your dependence on back-office processing equipment and reliance on physical transportation of checks.

Discover how MICR Products can benefit your financial institution

• Help you to reduce risk and expedite the returns process - reducing your exposure from bad checks
• Provide an opportunity to increase revenues through value-added services like cash management and account balance reporting to your corporate customers
• Learn more about these products by viewing the MICR Presentment product sheet (PDF), the Truncation product sheet (PDF) and the Cash Management product sheet (PDF)

To learn more about these products contact your account executive