| STARS™ Settlement Services
On-line reporting system provides client banks quick and easy access to all bank-to-bank services at their desktop without the worry of Fed daylight overdrafts and reserve requirements. Our comprehensive package offers a full array of services including international payments, TT&L, domestic wires, cash letter and lockbox settlement, coin and currency settlement, savings bond redemptions, billings, etc. In addition, our efficient, convenient and secure, on-line electronic payment system enables client banks to upload and originate ACH files received from commercial customers.
Key Highlights
• Comprehensive system, easy to use
• 24/7 access to account information
• System can accommodate all transactions that are processed through FedLine Advantage
• Considerably less expensive then FedLine Advantage
• Can function as a very cost effective disaster recovery backup system
• Presents option to eliminate need for DOS FedLine Terminal, or even a Federal Reserve Account Relationship
Request Information regarding SETTLEMENT SERVICES using the STARS™ system.
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