The work of the Kansas City Regional Financial Center (KFC) has evolved from the relatively simple disbursement of handwritten checks into a major financial center that issues payments by electronic funds transfer (EFT) and telecommunications using sophisticated software systems, such as Secure Payment System (SPS), high-speed check printers, and enclosing equipment. KFC processes foreign currency payments, and offers a wide range of financial management services for customers, both in and outside of the federal government.
What we do
Disburse for the Executive, Legislative, and Judicial Branches of the Government.
Annually disburse over 923 million items totaling $1.9 trillion dollars.
Provide payment and mail services to over 300 federal agencies worldwide.
Disburse public monies including benefit payments, disability payments, tax refund payments, federal salary payments, benefit and annuity payments, vendor payments and miscellaneous payments on behalf of federal agencies.
Process all foreign currency and same-day payments on behalf of Treasury disbursed agencies.
Develop, test, and implement cash/financial management products and services.
Provide training and education of cash/financial management and accounting products and services.
Implement and monitor cash/credit management, debt collection and accounting programs for federal agencies.
Serve as a financial consultant and advisor to federal, state and local governments; the financial community; and the Federal Reserve System to ensure that Fiscal Service initiatives are carried out in a practical, efficient and effective manner.