FedForward® Image Deposit Services
FedForward Services provide financial institutions with the ability to submit an image cash letter (ICL) of forward collection items, as well as Treasury items, postal money orders (PMOs) and eligible savings bonds. The Federal Reserve Banks will clear and present either substitute checks or an electronic file to the paying bank.
Many deposit options are available to meet your needs for availability and pricing, including mixed and sorted deposit options.
Discover the benefits of FedForward Services
- Flexibility to choose among various deposit options
- Increased availability
- Opportunity to reengineer backroom operations to achieve efficiencies
- Easily accessible customer service from knowledgeable support groups