No. The Remote Deposit Capture software uses sophisticated duplicate detection technology that alerts you if you send the same check through twice. You will then be prompted to make a decision about the item in question.
With Remote Deposit Capture, you can process and deposit checks and payments electronically, while accelerating funds availability, improving fraud detection and enhancing labor efficiencies. Reduced trips to the bank, streamlined operations,...
Remote Deposit Capture allows businesses to capture checks at their business location, then transmit data and the check images electronically to their financial institution for posting and clearing without needing physical transportation. Remote...
Yes. Remote Deposit Capture offers integration capabilities to your accounts receivable system, saving you time on manual updates and providing quick and effective reconciling with fewer errors.
The original check needs to be retained in a secure location for a period of 30 calendar days following the deposit. After 30 days, the checks must be shredded.
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