The post Check 21 environment has seen the acceleration of image exchange. While some institutions continue to use substitute checks, many are implementing the ability to send and receive images.

Our Straight Through Image Processing™ capability offers you the ability to send and receive images either through direct exchange or through exchange.

Networks like the Federal Reserve, SVPCO or Endpoint Exchange. Whatever your image exchange needs, Centrum Exchange™ can serve you.              

Centrum Exchange offers three applications:

Centrum Exchange™– Inclearing: Accepts and processes incoming image cash letters.

Centrum Exchange™– Cash Letters: Generates and transmits image cash letters for all outgoing endpoints with optional IRD print capability. 

Centrum Exchange™– Returns: Processes transmission and receipt of outgoing and incoming returns cash letters. 

FEATURES:

• Multiple endpoints (Fed, SVPCO, Endpoint Exchange, Direct)
• Multi-institution
• Complete file audit trail
• Virtual sorter performs virtual capture and rules based Sorted
• Automated amount recognition (CAR/LAR)
• Intelligent Image Repair System (IRIS) 

BENEFITS:

• Reduced transportation cost
• Accelerated transaction clearing
• Expedited returns processing
• Multiple endpoint versatility