March 21, 2017
To all Check Adjustment Customers:
As previously announced, the Federal Reserve Banks are making changes to Check Adjustment requirements and edits to eliminate several investigation types (ITYPs) and two message types (MTYPs) that are outdated and have minimal usage. In addition, there will be a new deadline for receiving same day entry or same day acknowledgement for electronic adjustments submitted via the FedLine Web® and FedLine Advantage® access solutions. These changes will become effective for the business day of May 22, 2017.
The changes will be reflected in the online Check Adjustments Quick Reference Guide on the effective date.
An updated Check Adjustments Application File Specifications Requirements document (PDF) reflecting these changes is posted on FRBServices.org for customers submitting adjustment requests using the file upload process in a FedLine access solution.
Contact FedACH® and Check Customer Support at P: (877) 372-2457 with any questions as well as to schedule testing for upload files.
|Types||Current Status||Pending Changes|
|Investigation Types (ITYP)||The following ITYPs can be submitted:
||These ITYPs will no longer be accepted.
If a file containing a retired ITYP is uploaded using the FedLine access solution, the message will reject and must be updated to an eligible ITYP before sending.
FedLine Messages for retired ITYPs will remain viewable after the effective date.
If an adjustment is needed for a retired ITYP, an Information Request (INFO) can be submitted with detail information provided in the comments.
|Message Types (MTYP)||The following MTYPs can be submitted in FedLine:
||These MTYPs will no longer be accepted.
If a file containing a message(s) with a retired MTYP is uploaded using the FedLine access solution, the file will upload successfully and the message(s) with retired MTYP(s) will reject.
|Encoding Error (ENC)||DTF is Optional.||DTF is Not Allowed.|
|Listed Not Enclosed (LNE)||Request for debit is allowed.||Request for debit will no longer be allowed.
If additional information is needed on a paper deposit, an Information Request (INFO) may be submitted with an explanation in the comments field.
|Missing Cash Letter (MCL)||Tape Total (TT) is Not Allowed.||Tape Total (TT) will be an optional field.|
|Cut-off time for the Federal Reserve Bank of Atlanta||Electronic adjustment requests must be received by 6:00 p.m. ET to receive same day entry or same day acknowledgment.||Electronic adjustment requests must be received by 5:00 p.m. ET to receive same day entry or same day acknowledgment.|
|Cut-off time for all other Federal Reserve Banks||Electronic adjustment requests must be received by 3:00 p.m. local Federal Reserve Bank time to receive same day entry or same day acknowledgment.||Electronic adjustment requests must be received by 5:00 p.m. ET to receive same day entry or same day acknowledgment|