C."

About the SVPCO Image Payments Network
SVPCO's Image Payments Network provides unparalleled control, security and
processing efficiency for transmitting check images and other data directly
between participants in the industry.S.
(http://www. In
addition, five of the nation's largest banks and a large, third-party service
provider are also connected to the SVPCO Check Image Exchange Network. Electronic check
image exchange is expected to create efficiencies for the banking industry
through operational efficiencies and lower costs. financial institutions to international banking organizations.
(http://www.

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org) is a private -sector, global payment systems
infrastructure that clears and settles 20 million payments for more than $1.
Pursuing Image Exchange through the SVPCO Check Image Exchange Network has
proven to be an excellent starting point. Bank, Wachovia Bank, and Wells Fargo
Bank.

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Automated settlement reduces risk by facilitating the exchange and
settlement of check images within a single, integrated system. "With automated settlement, financial
institutions for the first time have the capability to monitor all of their
paper check, adjustments and electronic check image settlement information in
one place. SVPCO banks represent 58% of
U.

"We're pleased to welcome two more banks to the nation's safest, most
secure check image exchange network," said Susan Long, Senior Vice President
of SVPCO -- Electronic Clearing Services.

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This is the power of an integrated system . The Clearing House Payments
Company is owned by the following banks or their U. The
banks fully expect to steadily grow the number of sites, images, and cash
letters throughout 2005. The company 's Web site is located
at http://www.5
trillion per day.

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Automated
settlement also eliminates the need for bilateral settlement agreements
because all participating institutions exchanging images directly with each
other in the Image Payments Network operate under a single set of rules.S.goold@svpco . Its primary subsidiary,
Union Bank of California, N.theclearinghouse.savidge@theclearinghouse.

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C ., today announced that National City Bank (NYSE: NCC)
and Union Bank of California, National Association (NYSE: UB) are now
exchanging check images over the SVPCO Check Image Exchange Network. SVPCO will also operate a gateway DTA that
provides service to multiple financial institutions.S. The Clearing House Payments Company is
owned by the following banks or their U.

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L.1 billion at December 31, 2004.com.

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In conjunction with the rollout of settlement services, SVPCO also changed
the name of its image system to SVPCO Image Payments Network. commercial bank deposits and over 60% of the checks in the U., HSBC Bank, JPMorgan Chase Bank, KeyBank, M+T Bank,
National City Bank, PNC Bank , SunTrust Bank, UBS, U.
SVPCO's unique Check Image Exchange solution is a single, end-to-end
system that provides unparalleled control, security and processing efficiency
for transmitting check images and other data directly between participants in
the industry.

About Union Bank of California
Based in San Francisco, UnionBanCal Corporation is a bank holding company
with assets of $48. The company
operates through an extensive banking network primarily in Ohio , Indiana,
Illinois, Kentucky, Michigan, Missouri and Pennsylvania, and also serves
customers in selected markets nationally.
VECTORsgi is recognized by American Banker and the research firm Financial
Insights in the FinTech 100, an international annual listing of the top
technology providers for financial institutions.S.

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SVPCO Image
Payments Network is the only private-sector image network that offers
integrated settlement with image exchange. The
unique capabilities of the Image Payments Network are the result of 150 years
of payments experience and our role in settling more than $300 trillion a year
in payments. Electronic check image exchange is expected to streamline
the banking industry through operational efficiencies and lower costs.S. Bank, Wachovia Bank,
and Wells Fargo Bank.

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com. Financial
institutions of all sizes benefit from payment systems that meet the highest
standards for reliability, security and service. Most of
The Clearing House's 19 bank owners are committed to begin linking to the
SVPCO Check Image Exchange Network by the end of 2005. banking affiliates: ABN AMRO Bank,
Bank of America, The Bank of New York, Bank of Tokyo-Mitsubishi/Union Bank of
California, BB+T, City National Bank, Citibank, Citizens Bank, Comerica Bank,
Deutsche Bank, HSBC Bank, JPMorgan Chase Bank, KeyBank, M+T Bank, National
City Bank, PNC Bank, SunTrust Bank , U.

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5
trillion per day.

National City and Union Bank of California Launch Check Image Exchange Using SVPCO Check Image Exchange Network

"
The exchanges are being conducted through SVPCO's Distributed Traffic
Agent (DTA), a solution developed by SVPCO with VECTORsgi, one of its
strategic technology partners. The DTA enables financial institutions to
transmit check images directly to each other in a cost-effective manner. The network enables financial institutions to exchange images of
checks peer-to-peer without a cumbersome central processing system thereby
eliminating the expense of transporting physical checks.

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In addition to lower risk and streamlined check image processing,
automated settlement provides real-time net and bilateral settlement position
reporting and eliminates all of the manual intervention required with other
settlement arrangements.

About National City
National City Corporation (NYSE: NCC), headquartered in Cleveland, Ohio,
is one of the nation's largest financial holding companies.C.S.

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6 million a day among the
six financial institutions that are actively exchanging image cash letters.L.

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, today introduced its automated settlement capability
for financial institutions transmitting check images through the SVPCO
network.
"Automated settlement will cut the risk of systems failure by eliminating
the hand-offs between image exchange operators and their third-party
settlement providers," said Susan Long, Senior Vice President and head of
SVPCO-Electronic Clearing Services.S.

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"
SVPCO Image Payments Network is the nation 's premier check image network
and the only one with the participation of the Federal Reserve.org , 212-613-9896, or Greg Berardi,
greg@bluemarlinpartners.com, 415-239-7826. Two More Bank Owners of The Clearing House Payments Company
Participate in the Nation's Premier Image Exchange Network

NEW YORK, SVPCO -- Electronic Clearing Services,
the electronic check and check image exchange business of The Clearing House
Payments Company L., a leader in providing financial services for
small businesses, has 315 banking offices in California, Oregon and
Washington , and 21 international facilities. For more information about
the company, visit http://www. Services include local and regional check exchange and settlement
services; ACH association and operations; large-value "wire" payments;
electronic check presentment; and an image exchange.

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System Renamed 'SVPCO Image Payments Network;'
The Only Private-Sector Image System with Integrated Settlement

NEW YORK, SVPCO-Electronic Clearing Services, the
electronic check and check image exchange business of The Clearing House
Payments Company L. The Clearing House serves more than 1,600 U.
"The launch of this image exchange is a major milestone that is the result
of outstanding teamwork between Union Bank of California and National City,"
said Bill Christensen, Executive Vice President, Union Bank of California. "SVPCO worked closely with National
City and Union Bank to streamline the implementation process to help both
institutions begin realizing the benefits of check image exchange in just
several months. Its core businesses include
commercial and retail banking, mortgage financing and servicing, consumer
finance and asset management.S.

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L.
The SVPCO Check Image Exchange Network is the nation's premier image
exchange network, enabling financial institutions to perform a variety of
check image clearing and settlement functions.A.

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All financial
institutions that exchange images directly with each other via the SVPCO
network will use the automated settlement function.S.
"Image exchange represents the future of the check clearing business in the
United States. Continued associations between
financial institutions who also believe in the value proposition of image
exchange will further drive efficiency and cost savings into bank operations.

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Automated net settlements are averaging $3. For more information on The Clearing House, contact
chip. The three entities involved in
the exchange of images use technology supplied by VECTORsgi.

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Financial institutions can see their net debit or
credit position online and view their position with all of the participating
institutions at any time.

About The Clearing House Payments Company
The Clearing House Payments Company L. Services include local and regional check exchange and settlement
services, ACH association and operations, large-value "wire" payments,
electronic check presentment and a check image exchange. banking affiliates: ABN
AMRO Bank, Bank of America, The Bank of New York, Bank of Tokyo-
Mitsubishi/Union Bank of California , BB+T, City National Bank, Citibank,
Citizens Bank, City National Bank, Comerica Bank, Deutsche Bank , First-
Citizens Bank + Trust Co."
In March, Federal Reserve Banks and financial institutions began
exchanging images of checks using SVPCO's peer-to-peer image network.com. For more information on The Clearing House, contact
chip.

reference ensigns

For more
information about the SVPCO Image Payments Network , contact Susan Goold,
Director, Products and Services, SVPCO-Electronic Clearing Services, 201-319 -
5554, susan. financial
institutions and hundreds of international participants with payment services
that span the entire spectrum of paper, paper-to-electronic and electronic
payments.uboc. Its products have been licensed more than
2,300 times by financial institutions ranging in size from community banks to
top ten U.com. The Clearing House serves more than 1,600 U.

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SVPCO Offers Automated Settlement for Check Images

"
Connie Rose, Senior Vice President, National City, said: "Early adoption
of image exchange has effectively positioned Union Bank and National City to
reap the benefits of image-based presentment. financial
institutions and hundreds of international participants with payment services
that span the entire spectrum of paper, paper-to-electronic and electronic
payments.org, 212-613-9896, or Greg Berardi,
greg@bluemarlinpartners.

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L.S. financial
institutions ," said George Thomas, Executive Vice President of The Clearing
House Payments Company. "The settlement service of SVPCO Image Payments
Network is a system created specifically for electronic payments and is
fundamentally different from other, less efficient image exchange networks
that use settlement platforms originally designed for paper checks.
Each of The Clearing House's 22 owner banks has developed plans to take
full advantage of the Image Payments Network.C. SVPCO is an industry leader in
terms of the processes and infrastructure to support image exchange for member
and customer financial institutions.
The initial exchange between Union Bank and National City was tested and
deployed at a bank level as opposed to utilizing fixed account tables.

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theclearinghouse. Financial institutions
of all sizes benefit from payment systems that meet the highest standards for
reliability , security and service.

net country

"Automated settlement is another milestone in transforming check image
exchange into the payments platform of the future for U. The network enables financial
institutions to exchange images of checks peer-to-peer without a cumbersome
central processing system, thereby eliminating the expense of transporting
physical checks.savidge@theclearinghouse. The
DTA works in conjunction with existing item-processing systems to link
institutions into the network and enables institutions to directly exchange
payloads of electronic images. For more information about National City, visit
the company's Web site at NationalCity.

About VECTORsgi
VECTORsgi, a Metavante company, is a leading provider of financial
transaction and e-payment processing, image processing and image exchange,
item processing, dispute resolution and e-commerce solutions for financial
institutions and corporations.VECTORsgi.

About The Clearing House Payments Company
The Clearing House Payments Company L.org) is a private-sector, global payment systems
infrastructure that clears and settles 20 million payments for more than $1.com, 415-239-7826.

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