The Economic Impact Payment (EIP) process can be made even more efficient for recipients and the financial services industry if additional clarity is gained in certain operational areas, CUNA and other organizations wrote to Treasury Secretary Steven Mnuchin Wednesday. CUNA and the associations sent a list of questions for the Treasury to provide guidance to financial institutions processing electronic and paper check EIP transactions.

“This important information will help get much-needed relief payments to recipients faster,” the letter reads. “The responses will not only provide clarity in the near-term, but will also serve as a guidepost for any future relief payment initiatives that may be forthcoming.”

The organizations also asked the Treasury to address a recent Wall Street Journal report that the Treasury will seek the return of EIPs sent to the deceased via paper check and ACH payments, which contradicts recent Treasury guidance, Nacha rules and the Treasury’s own ACH materials.

The questions highlight concerns over check processing, electronic payments and the informational portal.