Banking Events
Check 21 Customer Seminars
A Whole New Way to Deliver Electronically
Check 21 will spur the use of new technologies that will improve the efficiency and reduce the cost of the nation's check collection system.
Don't miss our August 2004 seminars about Check 21 products!
With only a few months to go before the groundbreaking legislation takes effect, you can be confident that the Federal Reserve Banks will be prepared to deliver the services your institution needs to take advantage of the new law. Learn how the Federal Reserve can help you use Check 21 to maximize efficiencies and provide business opportunities for your institution.
When Check 21 goes into effect on October 28, 2004, the Reserve Banks will offer a comprehensive suite of Check 21-related solutions that will complement traditional paper-check collection services to support greater electronic collection of paper checks and to accommodate customer demand for Check 21 clearing solutions.
- FedForwardSM—Designed to help you transform your operations to clear dollars faster, reduce transportation, streamline backroom operations and extend deadlines.
- FedReturnSM—Designed to help you transform your inbound and outbound returns processing operations to reduce risk, streamline backroom operations, improve quality and speed the returns process—all while realizing substantial operating savings.
- FedReceiptSM—Offers you the ability to receive inclearings as an image cash letter. This can streamline check processing operations and eliminate delays associated with transportation.
The Financial Services logo, "FedForward," "FedReturn," "FedReceipt," "FedLine" and "FedImage" are either registered or unregistered trademarks or service marks of the Federal Reserve Banks. A complete list of marks owned by the Federal Reserve Banks is available at www.frbservices.org .
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