How to send Payment Info to bank wihtout processesing through Paycycle Manager

Hi,

We currently print our own checks and send the POSPAY file to Bank.

But we are considering to outsource our check printing to the bank directly. We will still be creating the invoices. We will send them all the info related to payments like name and amount. Just the Paycycle part will not happen on peoplesoft system.

Below are my questions.

1) Is this even feasible ? What are my options ?

2) How do I process vouchers and not let them go through Paycycle ?

3) How will this affect our current reconcilliation process if the bank prints the checks ? because currently we print the checks and we have the check numbers with us and when we import the bank statement it will auto reconcile.