Forward Paper Check Clearing Services
Federal Reserve Financial Services’ Forward Paper Check Clearing Services provide financial institutions with the ability to deposit paper forward check items. This service is especially beneficial in contingency situations when you or your vendor are unable to send an image cash letter file.
Mixed Cash Letters
You can deposit all forward items (commercial checks, Treasury Checks, and Postal Money Orders) in a single cash letter for credit. Paper savings bonds must be deposited in a separate cash letter.
For more information about this service, visit the Paper Check Services setup page or contact your relationship manager.