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Is your institution looking for a better way to clear transit items and handle cash letters? If so, no need to make excessive hardware investments. Our product will image front and back of all your items. The item will be 200 DPI Bi-tonal black and white G4 compressed TIFF image. The image will then be securely transmitted on your behalf. IRD (image replacement document) will be created when necessary.
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- Financial Payments provides proprietary Internet-based check imaging unit.
- Conventional paper checks are scanned and transformed into an electronic image. Your deposit is made from your back office.
- The images are submitted as an electronic deposit, the funds may be available the next business day. Deposits extended until late evening.
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- Profitable transaction from paper processing of the past to electronic image-based processing
- Cash letters deliver directly to the Fed
- Eliminate lost or misplaced cash letters
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- Better cash management
- Reduce uncollected items
- Reduce courier charges
- Faster delivery and clearing through the Feds
- Ideal for small local banks/branches
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