If you’re like most business people, you have a hard time getting to the bank until the end of a business day – and sometimes you can’t make it at all. With Remote Check Deposit, your money will get deposited quickly, conveniently and securely.

 

Why You Should Sign Up Now

With a minimal investment and some basic training, your business can begin to reap the following benefits:

  • Affordability – Chances are you already have a PC and a high-speed Internet connection. The scanner required for Remote Check Deposit costs about the same as other computer hardware used in today's offices.

  • Productivity – Instead of spending time listing checks on deposit tickets and driving to the bank, your staff can focus on other aspects of your business.

  • Improved Cash Flow -- Often deadlines, bad weather, absent employees, or other pressing business prevent you from making a daily deposit. With Whitney's Remote Check Deposit service you can scan and transmit those critical daily deposits within minutes, which will ensure a steady cash flow for your business.

  • Extended Deposit Times – Deposit checks at your convenience and make deposits beyond traditional banking hours.

  • Faster Access to Information – Deposits will be concentrated in one Whitney account, giving you one-stop access to the information you need to make business decisions and serve your clients.

  • Improved Reports – Remote Check Deposit provides enhanced reporting on deposits that includes a 7-day archive of items deposited, with front and back of images displayed. You can also download the entire deposit into a file, which can be exported to financial reporting software.

  • Reduced Need for Numerous Bank Accounts – Checks can be deposited into a single Whitney account, or multiple Whitney accounts, thereby eliminating the need for deposit accounts at other banks. This could save your business money spent on bank fees.
  • Reduced Errors – Your deposits are all validated and balanced when scanned.



How Remote Check Deposit Works

After all authorizations are granted , you will begin depositing your checks electronically using a check scanner and a PC with a high-speed Internet connection. Check images are securely transmitted to Whitney Bank for deposit.

Your Whitney Banker will assist you in selecting the appropriate scanner for your business needs and work with you to begin electronically depositing your clients' checks. Whitney will also provide training to you and your employees.

Briefly, this is how it works.

  1. Using a unique scanner, you scan each check to be deposited.
  2. The system will then check the readability of the images and have you verify the dollar amounts.
  3. When all checks are scanned, verified and transmitted, the system will provide a deposit total. If you balance, you’re finished.
  4. The funds will be credited to your accounts, just as if you had given them to a teller in a Whitney branch.
  5. The scanned check images will be  available for you to review online.
  6. You are responsible for securing, and then destroying the checks after they have been scanned and processed.


Contact a Whitney Banker in Treasury Management

Remote Check Deposit is just one of the Treasury Management services offered by Whitney Bank. Our team of experts can help you manage your company’s cash flow better, while processing deposits and payments more efficiently. They’re here with the experience and products you need to compete in today’s business climate.

Make an appointment to visit a Whitney Banker today
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