There is an environmental impact to using paper checks. In addition to the natural resources used to manufacture and print paper checks, their processing relies heavily on our nation’s transportation systems, including trucks and airplanes. It takes a considerable amount of fuel to ship our country’s millions of checks each year between companies, financial institutions, and your home. Due to accelerated processing times and quicker notification of account issues, the ACH-based check conversion process results in fewer bad checks, earlier fraud detection, and fewer errors. Check conversion reduces time and resources needed to process payments, resulting in continued cost savings to your company. You can choose from the two options listed below.
Remote Deposit Capture with RDM
Batch processing is referred to as the "scan check" option. The RDM machine is for check deposits containing no more than 10 checks a day. This is an Internet application, and an applicant must have a computer and Internet access. Once your application is approved, the State Bank of Bement will provide a check scanner for you to use with the program. By using a secure Web site, secure login ID, and secure password, you will be able to scan your check deposits from your computer and send the batch within seconds! All scanned checks deposited before 2:00 p.m. CT on business days will be added to your account balance that day. A monthly fee applies. Call 217-678-2311 for details on how to apply.
Remote Deposit Capture with the Panini MyVisionX
Batch processing and the Panini MyVisionX is for check deposits over 10 per day. This is also an Internet application, and an applicant must have a computer and Internet access. Simply place your batch of checks in the hopper module of the machine provided, login, process the batch, and sit back while the machine does all the work! A monthly fee applies. Call 217-678-2311 for details on how to apply.