Cash Letter

nouncandidate·updated May 9, 2026

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A group of checks accompanied by a paper listing sent to a clearinghouse, a Federal Reserve Bank, or another institution. A cash letter contains a number of negotiable items, mostly checks, accompanied by a letter that lists the amounts and instructions for transmittal to another bank. May also be called a transmittal letter. An incoming cash letter is one that is received by an institution from a clearinghouse, a Federal Reserve Bank, or another institution and contains checks written on accounts at the institution that were cashed elsewhere. An outgoing cash letter is one that is being sent to a clearinghouse, a Federal Reserve Bank, or another institution and contains checks deposited at the institution, which are written on accounts at other institutions.

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Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →

§1: A group of checks accompanied by a paper listing sent to a clearinghouse, a Federal Reserve Bank, or another institution. A cash letter contains a number of negotiable items, mostly checks, accompanied by a letter that lists the amounts and instructions for transmittal to another bank. May also be called a transmittal letter. An incoming cash letter is one that is received by an institution from a clearinghouse, a Federal Reserve Bank, or another institution and contains checks written on accounts at the institution that were cashed elsewhere. An outgoing cash letter is one that is being sent to a clearinghouse, a Federal Reserve Bank, or another institution and contains checks deposited at the institution, which are written on accounts at other institutions.