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Welcome to CheckImage Central – your one stop shop for industry information and education about check image clearing including industry statistics, videos and papers on how to become image-enabled.

The CheckImage Collaborative, initiated by the Electronic Check Clearing House Organization (ECCHO) and the Retail Payments Office (RPO) of the Federal Reserve Bank of Atlanta is comprised of representatives of trade and financial organizations from across the country. The group was formed in early 2005 to identify and share information on check image clearing that will help financial institutions understand and successfully implement image exchange. It is believed the industry as a whole can benefit by collaborating to develop information and provide education on check image exchange.

Enhancements to Interoperability Standards

The CheckImage Collaborative and X9 announced the release of a new technical report X9.TR 47.  This TR incorporates the Universal Companion Document (UCD) which establishes a uniform industry approach for populating and validating check image files. TR 47 was developed to conform to the X9.100-187. This version does not change any previous requirements, it is totally compatible with the previous version of the UCD and does not mandate any changes to existing clearing systems. (Version 1.3Version 1.2 |Version 1.1)

The UCD Points Of Emphasis lists issues identified by many of the early UCD adopters as being implemented incorrectly when constructing a UCD compliant file. This document does not add, remove, or modify the existing UCD in any way. This is a list of UCD records and fields, others have overlooked in their implementations with recommendations to ensure a successful implementation of UCD compliant files.

Industry Statistics – October 2016

  • The volume of transit check images in October 2016 was .48% greater than the volume of transit check images in October 2014.
  • The average daily volume of transit check images in October 2016 was 5.51% greater than the average daily volume of transit check images in October 2014.
  • For the first ten months of 2015 and 2016, the total volume of transit items declined by only 2.31%.
  • For the first ten months of 2015 and 2016, the average daily volume of transit items declined by only 1.84%.
  • Between Q1 2012 and Q3 2016, the quarterly average volume of image returns has decreased from 247 thousand to 197 thousand or by 21.9%.

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