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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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