Treasury Checks for Economic Impact Payments
and Treasury Check Verification Application
This notice corrects the Treasury notice transmitted on April 17, 2020. The correct pay date for the Economic Impact Payments checks that are mailed beginning on April 18, 2020, is April 24, 2020, not April 22, 2020.
Treasury Checks for Economic Impact Payments: The U.S. Department of the Treasury’s Bureau of the Fiscal Service (Fiscal Service) will start printing and mailing economic impact payment checks, beginning with checks with a pay date of April 24, 2020, and weekly thereafter. Checks will be mailed daily beginning on Saturday, April 18, 2020, until the checks are delivered, with twice daily mail pick-ups beginning Monday, April 20, 2020. Estimated check volume is approximately 5 to 7 million checks per week.
The Treasury check for an economic impact payment will be the same as the Treasury check for a tax refund payment, except that the check will have identifying text in the memo field stating “Economic Impact Payment” on the first line and the President’s name on the second line. As usual, the checks will be signed by a Fiscal Service disbursing official. The check symbol will either be 40381 or 40414 and will be displayed in the MICR line.
Sample images of the front and back of economic impact payment checks are included at the end of this message.
U.S. Treasury Check Security Features: Financial institutions can also learn more about the security features of U.S. Treasury checks at https://tcva.fiscal.treasury.gov.
Treasury Check Verification Applications Enhancements: Fiscal Service has made enhancements to its Treasury Check Verification Application (TCVA). Beginning April 24, 2020, TCVA will have extended availability to support queries from Sunday 1:00 pm to Saturday 11:59 pm EST.
TCVA provides single query search capability for financial organizations, providing one of four results based upon a given Symbol, Serial Number, Dollar Amount and Routing Transit Number:
1. U.S. Treasury Check was issued for the amount entered.
2. U.S. Treasury Check has already been paid.
3. The amount entered does not match Fiscal Service records.
4. No match.
NOTE: TCVA is unable to provide assurance that the check being presented is genuine (not counterfeit) or payable. Check information is not real-time and may not reflect that a check has already been presented for payment and is in process.
Fiscal Service is also enhancing TCVA to allow financial institutions to obtain the same information provided by the single query search capability described above through an application programming interface (or API) instead, when preferred. More information about this upcoming capability will be available at https://tcva.fiscal.treasury.gov by April 24, 2020.
Sample Economic Impact Payment Check Front