To better support customers who send physical checks, Modern Treasury has now added Lob as a supported check print provider. Many banks offer this service natively, but for customers whose banks do not, this can be a great solution for sending physical checks while still natively maintaining the reconciliation and accounting tools that Modern Treasury provides. For customers using multiple banks, consolidating to a single third-party check print provider can also bring consistency and reliability to the physical check mailing process.
For users of Modern Treasury's API, checks can be created the same way as any other payment order. Our platform will transparently redirect the payment order directly to Lob.
"originating_account_id": "<Internal Account ID>",
"receiving_account_id": "<External Account ID>",
"statement_descriptor": "This is the memo line",
"remittance_information": "This can hold 400 characters"
To enable check printing on Modern Treasury, please reach out to your account manager and ask for Lob support.