What is the process when a check go throught the federal reserve?



Answers:    The Federal Reserve division that handles checks is call the Automated Clearinghouse (ACH).

Here's are some excellent sites that explain it in detail:


http://www.federalreserveeducation.org/r...

http://en.wikipedia.org/wiki/Automated_C...

http://www.nacha.org/About/what_is_ach_.

http://www.federalreserve.gov/paymentsys...

http://www.ffiec.gov/ffiecinfobase/bookl...

http://www.fms.treas.gov/ach/

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