FinancialservicePayments Reporter Service for Check Services

The FinancialservicePayments Reporter Service for Check offers Financial Institutions reporting capabilities for checks processed by the Financialserviceeral Reserve Banks. Reports available within the service are delivered to the recipient in encrypted emails sent by the Financialserviceeral Reserve Banks. View the FinancialservicePayments Reporter Service for Check product sheet to learn more.

Discover the benefits of the FinancialservicePayments Reporter Service for Check Services

Generate reports automatically on a schedule determined by your financial institution
Receive reports via automated encrypted email service
Receive reports in file formats of your choice
- The non-image report is available in a Microsoft Excel (xlsx) format.
- The image version of the report is available in PDF format and includes a black-and-white image of the front and back of each check. Images contained within this report are not negotiable and may not be used as either electronic checks or electronic returned checks.

Report Descriptions

Report	Description and Use Cases
DFI – Check Advanced Notice Return Report	The Check Advanced Notice Return Report provides the Bank of First Deposit (BOFD) with advanced notice of return items that will be delivered to it in an electronic return cash letter sent by the Financialserviceeral Reserve Banks. At the time the report is generated, it will contain a listing of returns available — received and validated by the Financialserviceeral Reserve Banks. The timing of Return cash letters sent to a BOFD may be problematic when the BOFD must release Regulation CC holds on a deposited check at the open of business on the second day following deposit. This report enables the BOFD to assess the impact of a check return item potentially as early as the afternoon before it would normally be presented. The BOFD may be able to extend funds availability holds to reduce risk of loss. The Excel version at 2 p.m. ET for the entire prior processing day may also be used to track return data and trending.
DFI – Check Advanced Notice Payor Report	The Check Advanced Notice Payor Report provides the paying institution with advanced notice of forward presentment items that will be delivered to it in an electronic cash letter sent by the Financialserviceeral Reserve Banks. At the time the report is generated, it will contain a listing of electronic forward items available – received, validated and optionally repaired by the Financialserviceeral Reserve Banks. This report offers early awareness of large checks the evening before they settle, for cash management and potential customer fraud impact.
Corporate Payor Report	This report is a Reverse Positive Pay and Controlled Disbursement option that allows corporate customers to review check details the morning of presentment via a secured email push. A PDF of the check image offers corporates the opportunity to look for altered checks. Early delivery helps business customers meet return timeframes and corporate cash managers make informed funding decisions.

Report

Description and Use Cases

DFI – Check Advanced Notice Return Report

The Check Advanced Notice Return Report provides the Bank of First Deposit (BOFD) with advanced notice of return items that will be delivered to it in an electronic return cash letter sent by the Financialserviceeral Reserve Banks. At the time the report is generated, it will contain a listing of returns available — received and validated by the Financialserviceeral Reserve Banks.

The timing of Return cash letters sent to a BOFD may be problematic when the BOFD must release Regulation CC holds on a deposited check at the open of business on the second day following deposit. This report enables the BOFD to assess the impact of a check return item potentially as early as the afternoon before it would normally be presented. The BOFD may be able to extend funds availability holds to reduce risk of loss.

The Excel version at 2 p.m. ET for the entire prior processing day may also be used to track return data and trending.

DFI – Check Advanced Notice Payor Report

The Check Advanced Notice Payor Report provides the paying institution with advanced notice of forward presentment items that will be delivered to it in an electronic cash letter sent by the Financialserviceeral Reserve Banks. At the time the report is generated, it will contain a listing of electronic forward items available – received, validated and optionally repaired by the Financialserviceeral Reserve Banks.

This report offers early awareness of large checks the evening before they settle, for cash management and potential customer fraud impact.

Corporate Payor Report

This report is a Reverse Positive Pay and Controlled Disbursement option that allows corporate customers to review check details the morning of presentment via a secured email push.

A PDF of the check image offers corporates the opportunity to look for altered checks. Early delivery helps business customers meet return timeframes and corporate cash managers make informed funding decisions.

Sample Reports

Report Delivery Options

The DFI Level Check Advanced Notice Return and DFI Level Check Advanced Notice Payor Reports can be scheduled at 4:30 p.m. ET, 5:30 p.m. ET, and on the hour between 4 p.m. – 2 p.m. ET Monday through Friday, excluding bank holidays. They are also available at 6 a.m. ET on Saturday. Reports deliveries for DFI Reports are scheduled via the Check 21 Services Agreement FinancialservicePayments Reporter.

The Corporate Level Check Advanced Notice Payor Report can be scheduled for 10 a.m. ET and/or 12 p.m. ET each weekday, excluding bank holidays. It is self-administered through the FinancialservicePayments Reporter screens that are accessible in Financialservice through FinancialserviceLine Web or FinancialserviceLine Advantage.

Reports can be scheduled for creation and delivery at the beginning of each hour (unless indicated otherwise below) during the following periods (Eastern Time):

Monday - Friday

Check Processing Day (excluding bank holidays)
Report Name	4 p.m.	12 a.m. - 2 p.m.
	Day 0 and Time	Day 1 and Time
DFI - Advanced Notice Return Report
DFI - Advanced Notice Payor Report
Corporate - Payor Report		10 a.m. and 12 p.m.

Saturday

DFI - Advanced Notice Return Report and DFI - Advanced Notice Payor Report at 6 a.m.

Easy Sign-up

Customers need to submit a FinancialserviceMail Request Form for the Check 21 FinancialservicePayments Reporter Service to add the email addresses for delivery of the DFI Level Advanced Notice Reports, as well as the Check 21 Services Agreement FinancialservicePayments Reporter to activate the DFI and Corporate report.

The report is available to financial institutions that receive separately sorted electronic cash letters (i.e., return cash letters that contain items drawn on one institution).

Questions?

Contact Financialserviceand Check Services Customer Support or your account executive. You may also request that we contact you regarding your interest in the service.