Wrong Payee Credited (WPC)

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ITYP Description | Proper Usage

Wrong Payee Credited (WPC) - Used by the Depository bank to request a debit entry for an item incorrectly processed, credited and paid to the wrong payee. A properly submitted request for a WPC will credit the Presentment bank.

If you discover a WPC, submit an adjustment request to the Federal Reserve.

Note: WPC does not apply to U.S. Postal Money Orders, U.S. Treasury items and U.S. Savings Bonds.

Certification: When sending a Wrong Payee Credited (WPC) adjustment request, you are certifying that you credited the wrong payee and the item has not been adjusted or returned to you. By requesting this adjustment, you certify that you have promptly debited (charged) any customer credited in error and that you are requesting a credit be made to the financial institution for which the Federal Reserve presented the check/image. You further agree to indemnify the Reserve Bank for any liability, losses, and costs that arise because you have not complied with requirements stated above.

Your Action

Submit an Electronic Case or Adjustment Request Form (PDF).

Reporting Time Frame and Federal Reserve Bank Action

Wrong Payee Credited (WPC) reporting time frames and actions.
Reporting Time Frame Federal Reserve Bank Action
Within six calendar months
of the cash letter date.
Same day entry - Provided requirements are met.* .
After six calendar months, but within one calendar year
of the cash letter date.
Same day acknowledgement - Provided requirements are met.* No entry. Provide dispostion information and advise the requesting institution to deal directly with the offsetting institution. Respond to request within 20 business days.

Attachments not Required


Required Fields

Wrong Payee Credited (WPC) required fields for paper forms and FedLine messages.
Field Name Paper Form FedLine CA1000 Message
Sender ABA (SNDR) and Contact Information Your institution's ABA number, Name, Street Address, City, State, Contact Telephone Number (TELE), Contact Name (CNTC) and Respondent's ABA number (if applicable) Auto-fills with your institution’s 9-digit ABA number. Contact Name (CNTC) and Contact Telephone Number (TELE).
Receiver ABA (RCVR) Receiving Federal Reserve Bank's name and/or ABA number Auto-fills with the Federal Reserve Bank’s ABA number 061000146
Case Investigation Type (ITYP) Wrong Payee Credited (WPC) Wrong Payee Credited (WPC)
Message Type (MTYP) Open (OPEN) Open (CA1000)
Case Amount (AMT) Amount of the item Amount of the item
Entry Type (ETYP) Debit (DB) Debit
Sender Reference Number (SREF) Your institution’s case number (max of 14 characters)
From Cash Letter ABA (FCL) & To Cash Letter ABA (TCL) The Federal Reserve sent the cash letter to your institution
FCL - Your institution's ABA number
TCL - Federal Reserve Bank's ABA number
Product Type (PROD) Forward (FWD) Forward
Cash Letter or Entry Date (CLED) Date of the cash letter
Cash Letter Total (CLT) Cash letter total in which the requested item is contained
Tape Total (TT) Tape/bundle total in which the requested item is contained
Sequence Number (SEQ) Your institution’s sequence number
Item Before Amount (IBEF) Dollar amount of the item listed on the cash letter detail listing before the item. If the item is the first item, then enter .00.
Item After Amount (IAFT) Dollar amount of the item listed on the cash letter detail listing after the item. If the item is the last item, then enter .00.

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*Same Day Entry/Acknowledgement Requirements

All electronic adjustment requests received by 5:00 p.m. ET with complete information will receive same day entry/acknowledgement. Supporting documentation (attachments) must be provided at the same time the electronic adjustment message is submitted.

All paper adjustment requests received at the Check Adjustments Centralized Data Entry Site by 11:00 a.m. ET with complete information and documentation will receive same day entry/acknowledgement.

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Retired Investigation Types

The following investigation types (ITYPS) have been retired and are no longer in use as an ITYP. Refer to each ITYP for action steps should the need arise to report the error condition or service request.

Select an Error Type

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