Remote Deposit | Merchant Services
Remote Deposit
It doesn't matter if your customers find you in person or through the mail, Remote Deposit delivers a one-stop solution for all your check processing needs that includes electronic payment processing, online reporting and risk management services.
Here's how it works. It's a simple, fast four-step process:
- 1. Login.
- 2. Scan both consumer and business checks into a scanner.
- 3. Total and add your checks and a virtual deposit slip is created eliminating the need to use paper deposit slips.
- 4. Hit "submit." The deposit is securely transmitted for prompt credit to your checking account.
Your Remote Deposit Benefits:
- • Eliminate the need to take checks to the bank
- • Same day credit on your deposit (up to your approved amount)
- • Extended deposit deadlines, up to 5pm Mountain Time
- • Identify NSF checks quicker, improving your collection rate
- • Decrease costs (gas,time,courier, etc.)
- • Offer your customers multiple payment options: ACH, phone, credit cards
- • Easily access check images and down load into Quick Books.
There are 3 different levels of Remote Desposit with different pricing options
1. Small business up to 20 checks
- • No ACH Services
- • Customer provides scanner
- • Free for 6 months - After 6 months $25 a month
- • Free online banking
2. Business up to 200 checks a month
- • ACH services included
- • $75 a month - includes scanner*
- • Free online banking
3. Business over 200 checks a month
- • ACH services included
- • $100 a month - includes scanner*
- • Free online banking
*scanner must be returned to Bank of Denver if service ends.