The Account Reconciliation Service allows you to match
the checks drawn on an account with the checks paid against that account.
This service reduces the risk of fraud and helps to accelerate the internal
audit process reducing administrative expenses for the account holder.
The account holder will transmit to the Bank a description of the issued checks.
When the checks are presented for payment against the account holder, the
account reconciliation process will take place and authorized checks will be
paid. Exceptions will not be paid until further verification from the account
holder is received.
