Banks and Credit Unions

Simplifying Check 21 for Financial Institutions

Paper check processing through The Federal Reserve Banks costs more for your institution. Even if you’re already using a corporate provider or correspondent bank, switching to an in-house Check 21 system with CheckAlt RDC gives you significant advantages in pricing and features.

That’s why our Remote Deposit Capture service makes so much sense, allowing you to eliminate check transport and gain the cost advantages of being image-enabled. Or, use our Teller Capture to scan in checks right at the teller window!

These benefits make the choice of our RDC Service your best choice in Check 21 processing:

• Faster Cash Flow – You’ll receive funding into your account in as little as 12 hours!
• One or Multiple Locations – Our service supports one scanner in the back office or multiple scanners at different branches. Filter all deposits through your central branch before uploading to the The Federal Reserve Banks.
• Scan quickly and efficiently – Our software can scan up to 250 items front-to-back in a single batch! Within a minute, you can have between 180-200 items scanned depending on your scanner model.
• Speed up the clearing process – Our Teller Capture solution allows tellers to scan and upload checks for deposit right at the window. Process checks immediately or at a later time.
• Simplify returns processing & inclearings – Generate your image return cash letter automatically and send to The Federal Reserve Banks. Maintain your image files end-to-end unlike other solutions, which require an IRD-- don’t get caught having to send these in when The Federal Reserve Banks minimizes its paper check processing facilities.
• Lowers Operating Costs – You won’t need to waste time or money preparing checks for armored transport.
• Greener Payments – Institutions looking to become more sustainable will burn less gas and create less paper in the banking system with our automated check processing and imaging solution. Learn more!
• Low Upfront Cost – CheckAlt Payment Solutions can minimize your up-front costs, regarding both the purchase of scanners and start-up fees. We can integrate with your existing scanning system!
• Corporate Services – For those credit unions looking to move away from corporate Check 21 services, we can be your stand-alone solution. However, we can also work directly with your corporates as an integrated service as well!