There are three types of Presentments: First, Second, and Total (Final).
First Presentment refers to details received electronically each morning by the backend system in Citibank Delaware from the Federal Reserve Bank of Philadelphia and Direct Send Banks. This data becomes available approximately 8:00 am U.S. Eastern time.
Second Presentment refers to details received electronically by the backend system in Citibank Delaware that are available approximately 10:00 am U.S. Eastern Time.
Total (Final) Presentment includes complete funding requirement for the current day.