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Check Products & Services

The Federal Reserve Banks’ Check Services offer you a suite of electronic and paper check processing options to support all of your needs. Based on deposit deadlines, level of sorting, and credit availability your financial institution can select among a variety of processing options. Our services include Check 21-Enabled Services, Check Adjustments Services and more.

Check 21-Enabled Services

Suite of services that allows you to send and receive image cash letters (ICLs) electronically.

FedForward® Services

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

FedReturn® Services

Provide financial institutions with the ability to deposit mixed image cash letters of return items. This service allows you to transform your outbound returns processing operations, streamline backroom operations, improve quality and speed the returns process.

FedReceipt® Plus and FedReceipt® Plus for Returns Services

Provide financial institutions with "straight-through" electronic check processing for a portion or all of your inclearings or outbound returns. You can reduce your check processing costs and resources by decreasing in-house sorting and image capture.

Check Adjustments Services

Allow financial institutions to quickly and effectively resolve debit or credit settlement discrepancies on checks that were processed or handled by the Federal Reserve.

FedImage® and Electronic Check Services

Provide financial institutions with earlier access to check data contained in your incoming cash letters through FedImage Services, the FedImage-enhanced Truncation Service and Presentment Point Services.

Paper Check Clearing

Allow financial institutions to deposit both forward and return paper check items.

Foreign Check Service-Including Canadian Provides financial institutions with a Foreign Check Collection Service, including a Canadian Check Collection Service, for all checks drawn on depository institutions outside of the twelve Federal Reserve Districts.

Image-enabled Savings Bond Processing

Provides financial institutions with the ability to deposit image-eligible savings bonds in mixed and separately sorted FedForward ICLs and separately sorted paper cash letters. While image-based savings bond processing is strongly preferred, paper savings bond deposits are also accepted.

Check Services Business Continuity Guide

Knowledge of the plans outlined here will help ensure continued service during a Federal Reserve Check Services processing disruption. During a disruption, Federal Reserve staff will work to ensure the highest possible level of service. Successful operations will require both coordination and cooperation between financial institutions and Federal Reserve staff.

Foreign and Canadian Check Service

The Foreign Check Service provides financial institutions with a Foreign and Canadian Check Collection Service for all checks drawn on depository institutions outside of the Federal Reserve System.

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