RDC Processing Overview

Merchant / Corporate Account Benefits.

• Eliminate branch deposit runs by performing deposits from their place of business
• Deposits can be performed more than once a day, even extending business day cutoff times
• With geography less important, businesses with multiple offices can simplify their bank relationships by eliminating branch accounts that serve separate locations
• Earlier deposits using check imaging allows a financial institution to process and clear items more easily, resulting in better funds availability schedules to the business
• Faster deposit processes enable businesses to identify and reduce the risks associated with returned items
• The user-friendly system design is easy to use by any employee
• Scanner hardware is tailored to the processing goals of each business, making implementation as affordable as possible
• Simple Internet connectivity

Processing Benefits.

• Leverages Check 21 legislation
• Automatic MICR and optional CAR/LAR capabilities further streamline the deposit process, especially for larger business accounts
• Image quality analysis is integrated to ensure items are processed efficiently
• Deposit information is securely transmitted to the financial institution using SSL data encryption
• Following NACHA guidelines, permitted items can be converted to ACH debits
• Depending on processing objectives, applications can be tailored to support both low and high volume depositors