Cash Letter
1765·updated May 9, 2026A 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.
Classifications
Entity Type
Sensitivity
Information Class
Variants
- plural
- Cash Letters
- possessive
- Cash Letter's
- pluralpossessive
- Cash Letters'
Framework definitions
- §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.