Checks

cross river delivers both check writing (withdrawals) and check deposits using {{mdc}} cross river works with lockbox service providers to process paper check deposits what cross river offers in cross river, checks have two different flows deposit in the deposit flow, you deposit a check into your cross river account in cross river this is referred to as an outbound forward item because the check needs to be sent ( out ) to the federal reserve and presented to the drawee bank (paying bank) for payment withdrawal in the withdrawal flow, you write a check on your cross river account to pay someone in cross river this is referred to as an inbound forward item because the federal reserve sends the check ( in ) to cross river for payment and attempts to clear the check on your account your check clears when the transfer of funds succeeds find out more transaction roles basic roles describing the participants in a check transaction availability policies defines how quickly funds can be made available to the payee positive pay cross river's positive pay feature lets you or your customer make sure that only legitimate checks get deposited in their accounts stop payments if the payer has passed a check that the payer fi has not yet processed, they can put a stop payment on the check tutorials checks