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NetLink Exchange is FNBB’s Cash letter Clearing and Settlement service for community banks. Our investments in technology and partner bank relationships provide community banks with clearing efficiencies and lower monthly operations costs. Since its inception, NetLink Exchange has added over 160 community bank participants throughout the Southeast.
FNBB leverages aggregated cash letter volume giving participants an avenue to exchange items with local, regional and national banks at a lower item cost, thereby reducing their monthly clearing expenses. FNBB provides preferred item pricing for designated endpoints. Items are cleared using Least Coast Routing, which utilizes our negotiated partnerships and direct send relationships to economically clear bank items for our customers. WIN items are checks community banks have drawn on each other. All WIN items are exchanged at no cost Within the Network.
Our service provides: