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Are you authorizing invoices from the Federal Reserve for unreviewed charges? Your institution is most likely paying for charges from the Federal
Reserve and other Correspondent (Due From) providers without knowing if they are accurate. Federal Reserve Manager
monitors and verifies these charges that your institution incurs. Federal Reserve Manager automates the capture of service-related
information contained in the FRB billing summary, making it possible to verify charges and track service, price, and volume
changes over time for trending reports.
A Few Features of Federal Reserve Manager:
- Automated detailed analysis of Federal Reserve Bank Statements
- Verification of charges billed by the Federal Reserve Bank
- Complete management of any correspondent banking relationships
Verify charges incurred with the Federal Reserve Bank or any "Due From" institution instead of just approving them. Don't hesitate to call 847.735.0577 to explore how FRM can bring value to your organization.