Tired of making daily trips to the bank just to deposit your checks? Tired of paying someone else to pick up your checks and deposit them for you? Whether your business receives 10 checks a day or 10 thousand, recent innovations in electronic processing can save you time and money. Thanks to the introduction of Accounts Receivable Conversion (ARC) and the passage of the Check Clearing Act for the 21st Century (“Check 21”), InChek can help you deposit your checks from the comfort of your own office simply by running them through a scanner connected to the Internet. The scanner creates a digital image of each check which gets routed to the check writer’s bank (for debit) and to yours (for credit).

Corporate checks, travelers’ checks, and other check types previously ineligible for electronic conversion can now be easily processed by InChek as easily as a standard consumer draft. Returns/NSFs are usually received within 3 days and can be automatically processed through our signature returned check program, translating into the quickest possible recovery.

InChek’s electronic check deposit program offers better data accuracy assurance and scalability than traditional lockbox programs. Regardless of check volume, your checks can all be directed to a central bank location; for higher-volume merchants, this eliminates the need for multiple regional collection points. And of course you can easily view and download check images and data at any time through our interactive Web interface.

Additional key benefits of electronic deposit:

• Reduced bank deposit fees
• Next day funds availability
• Returns available 3-10 days sooner than traditional models
• Check acceptance remains significantly cheaper than credit card payments
• Results and data can easily be downloaded and often interfaced with common accounting and bookkeeping software