Fiscal Service Enhances Treasury Check Verification

The Bureau of the Fiscal Service (Fiscal Service) has announced it will implement a new payee name validation capability within the Treasury Check Verification System (TCVS) Application Programming Interface (API) on November 18, 2024.

This new feature, which was mentioned in the Federal Reserve System’s March 20, 2024 Notice to Financial Institutions,  helps support Fiscal Service’s payment integrity efforts by providing financial institutions with additional data to prevent check fraud.

• Payee name access will only be available through the API. The payee name cannot be accessed on the TCVS public website.
• Current API users can retrieve the new specification document on the TCVS website.
• To request a key for the API, complete the Terms & Conditions document (PDF) on the TCVS website.
• Service providers and financial institutions will not experience any impact to the current TCVS API process and can adapt to the new enhancement at their own pace after November 18.

If you have any questions regarding this new enhancement, contact paymentintegrity@fiscal.treasury.gov.

Stay tuned for information about a related webinar for ePayResources members.