There are two report formats available. Both reports contain the same information about the return items, but one option includes the check images.
The reports contain the following return data:
Return items are listed by amount in descending order, so that the highest dollar value return is always listed first in the report.
The reports can be scheduled for creation and delivery to the BOFD at the top of any hour over a 22-hour period, which begins at 4 p.m. ET on a given day and ends at 2 p.m. ET on the following day. Reports can be scheduled multiple times during this period, for example at 5 p.m. ET and again at 8 a.m. ET.
The report lists all return items received and accepted by the Federal Reserve Banks for the BOFD up to that point on a given processing date, with an amount equal to or greater than the dollar value threshold set by the BOFD for the report(s). The report may include return items that have not yet been presented to the BOFD. If no return items are available at the report generation time, the report will still be generated indicating that no returns were available.
The Excel non-image report will list up to 20,000 return items, and the PDF image report will include up to 100 return items.
The reports will be delivered as encrypted emails and will leverage the same ZixCorp site as FedPayments Reporter for ACH. DFIs with ZixCorp will receive the emails directly in their inbox. Non-ZixCorp customers will receive the emails into the same Internet portal as FedPayments Reporter for ACH.