Nearly all domestic financial institutions have embraced image exchange as their primary method of clearing checks.

Benefits from image exchange include:

  • Reduced transportation costs
  • Reduced paper handling
  • Reduced clearing time
  • Improved funds availability
  • Improved returned item processing

At Comerica, we’re committed to providing innovative check image exchange 
solutions to our correspondent banks. We are also committed to processing checks by the most cost effective and fastest means. We constantly evaluate our clearing methods to optimize availability of funds and minimize cost.

Our strategy is to clear your deposited items as quickly and as cost effectively as possible. Comerica accepts delivery of your image cash letters (ICL) through 
Secure File Transfer Protocol (SFTP). We will continue to accept paper cash letters for your items that you are unable to clear in an ICL.

To help you with your ICL adjustments, our online report provides adjustment detail, often with a link to the image of the adjusted item. This information is available to any employee that you designate, the morning after the business day the adjustment is made to your account.

Comerica offers the option of email and SMS message notifications to let you know that we have received your ICL files or to let you know that there has been an adjustment to your account, based on your adjustment report having new activity. Through Comerica’s Customer Administration Tool (CAT), you can enable employee access to the Adjustment report as well as assign who will receive notifications.

Our leadership means that Comerica can offer you a simplified “on-ramp” to image exchanges through the network. We have continued to build our clearing network by establishing relationships with Endpoint Exchange as well as many direct connections with other financial institutions.

We are ready to help you understand all of the ways Comerica can improve your image cash letter experience.

To get started, contact your Comerica Treasury Management representative or call Treasury Management Services at 888.341.6490 today.