Byline Bank Business Online Banking

Full Check Reconciliation Full check reconciliation takes partial check reconciliation further by having Byline Bank perform the reconciliation process for you. With full check reconciliation, we match paid items with the items your company has issued. You will receive a report that lists the paid checks, and outstanding checks—all sorted by check serial number or paid date. All reports available for partial (paid) check reconciliation are also available for full reconciliation. How it Works 1 As your company issues checks, you provide an issue file to Byline Bank. This file contains the payee, check number, dollar amount, and issue date. 2 At the end of your statement cycle, the account reconciliation team matches paid items to the issue file and then produces a report. This report is balanced with your bank statement to ensure there are no discrepancies. 3 Within seven business days of your statement cutoff, date, you will receive the following: A.) Your bank statement B.) A list of all paid items, items paid without a corresponding issue record, called items, stop payment items, voided items and outstanding items C.) If requested, an electronic file of all items referenced above which may then be imported into your in-house accounting system

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