Fiscal Service seeks financial institution proposals for Electronic Check Processing

TREASURY | May 15, 2019 |

The U.S. Department of the Treasury, Bureau of the Fiscal Service, seeks applications from qualified financial institutions to serve as a Financial Agent (FA) of the United States. Proposals are due by June 5, 2019.

The selected FA will provide services to develop, enhance, operate and maintain the federal government’s Electronic Check Processing (ECP) revenue collection system. Federal government agencies and Treasury’s lockbox FAs use the ECP application to store and retrieve captured images and data on checks and remittance items to facilitate paper check processing and to provide detail and summary data of items processed at the lockboxes to downstream reporting.

Action Item:

Interested and eligible financial institutions are invited to go to the Electronic Check Processing (Off-site) page for further information on filing proposals.

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