FBCS - Fast Balance Confirmation

The DTC FAST (Fast Automated Securities Transfer) program eliminates the movement of physical securities by allowing transfer agents to act as custodians for DTC. The FAST program facilitates the industry's dematerialization efforts and plays a significant role in reducing the costs associated with shipping certificates to and from agents, as well as those related to printing and processing certificates.

Fast Balance Confirmations in Securities Processing Application (SPA)