What is Remote Deposit Capture and how can it save my business money by just making deposits into my bank accounts? | North Dakota Business Watch

Business news and information for the North Dakota region

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What is Remote Deposit Capture and how can it save my business money by just making deposits into my bank accounts?

Barry Bjorklund, Operations Specialist

Barry BjorklundRemote Deposit Capture is a fast and convenient check deposit product that utilizes a small tabletop scanner in your own office to deposit checks into your bank accounts electronically.

By essentially bringing the teller window to you, you can virtually eliminate unnecessary trips to the bank, saving you money in gas and wages.

Mailing your deposits in? No more envelopes, postage or having to depend on mail delivery to receive credit for your deposits, therefore also saving you time. With Remote Deposit Capture, you no longer need to endorse the back of each deposited check and no more filling out deposit tickets.

There’s no “per check” key entry as CAR/LAR technology is performed by reading and recognizing both numeric and written dollar amounts.

Later deadlines allow you to make deposits when it’s convenient for you and still receive same-day credit.

It’s safe and secure web-based with only basic computer requirements, with access to images of the deposited checks at your fingertips. You can also take yourself out of the check collection business with Check Collect and not only receive notice of returned checks sooner, but also receive 100% of face value of every check collected – not just a percentage.

BNC logo

1-800-BNC-BANK
(1-800-262-2265)
322 East Main Avenue
Bismarck, ND 58501
Phone: (701) 250-2200
www.bncbank.com

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