| Cash Letter / Paper
Outbound check clearing, commonly called “Transit”, forms the cornerstone of correspondent bank-to-bank services. This service has evolved to a highly integrated network. You benefit from reduced clearing costs by aggregating volumes.
Key Highlights
• Clearing costs are reduced by being able to aggregate volumes
• Improved availability
• Bankers' Bank Northeast handles adjustments
Capabilities
You benefit from reduced clearing costs by aggregating volumes. (Available in Connecticut, Massachusetts and Rhode Island and other selected areas throughout the northeast)
Request Information regarding CASH LETTER / PAPER services.
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