The Federal Reserve Financial Services (FRFS) has just announced that it will discontinue the Foreign and Canadian Check Service by year-end 2026. Foreign and Canadian Check Services will accept forward items deposited until December 4, 2026 and return items will continue to be processed through April 2, 2027.
While these services remain fully operational for upcoming work until their respective end dates, we'd like to remind you that foreign checks aren't foreign to Millennium Corporate!
Our Member Service team is ready to service all your foreign check processing needs, whether you need to process foreign cash letter/collection items or buy and sell foreign currency. Simply reach out to a Member Service Representative by emailing memberservice@millenniumcorporate.org or calling 800.721.2677, Option 1!