Abstract: A system and process for more efficiently clearing checks by transmitting MICR line data together with a URL link to facilitate check clearing via electronic debits by an ACH. The URL link can be used at the option of the paying bank (or other entity) to access images of the check from a database.

Abstract: The invention provides a network and process for simplifying the processing and settlement of financial transactions between financial institutions that are members of different automated clearing house networks.

Abstract: In the transfer of checks between facilities receiving checks and facilities for processing checks, checks are sorted into batches according to selected classifications at the check receiving facilities. The checks are accumulated in bundles and transferred to the check processing facility according to a predetermined schedule. In the present invention, a batch slip is provided with each transferred bundle. The batch slip identifies the type of checks in the batch, identification of the receiving facility and a sequence number. The information is provided both in a bar code format and in a MICR format. The batch slip is kept with the associated batch of checks during the processing in the processing facility. Bar code readers are provided at various processing stations.