Incoming Cash Letter Processing - Inclearing
FISC Solutions receives and processes incoming cash letter items from the Federal Reserve or other presentment points and provides daily inclearing transmissions to the client or their data center. Adjustments and research are completed by FISC customer service staff.
Return Deposited Items
Return deposited items are items for which the FISC client is the bank of first deposit and is receiving a return item from the drawee financial institution.
- Automatic redeposit of qualifying items.
- Flexible methods of notifying and delivering items to the client.
Outgoing Returns
Item processing clients contract with FISC to process return items after the client has made their pay or no pay decisions. FISC prepares the items for return to the bank of first deposit and delivers the return items by regulatory deadlines.
- Flexibility in methods of receiving return information.
- Large dollar notification services for items over $2,500.
- Qualifying of returns and preparation of return cash letters.
- Delivery of items to the bank of first deposit.
Item Processing Solutions Include:
Request More Information
|