WHAT IS REMOTE DEPOSIT CAPTURE?
Remote Deposit Capture is a new technology with allows corporate customers to deposit checks electronically from their offices using a compact check scanning machine. Using the remote deposit capture machine, checks are scanned and the images are saved in an electronic image file. The scanned digital images are then transmitted electronically to Atlantic Capital Bank for posting and clearing. Atlantic Capital Bank accepts the deposit, posts the deposit to the appropriate account and assigns availability based upon a company’s availability schedule. Companies have recently recognized the tremendous efficiencies associated with transitioning from paper-based check deposit processes to a corporate capture solution. Remote Deposit Capture allows companies to have a more streamlined deposit process, reduced transportation costs, increased efficiency and earlier funds availability. Top of Page Benefits of Remote Deposit Capture: Efficient deposit process • No trips to the bank • Reduced time
Remote Deposit Capture (RDC) is a solution that allows you to capture, validate, and transmit your deposits from the comfort of your office. It reads the amount on each check you scan and balances the total for a deposit slip that you also scan. The images, deposit information, and MICR information are then electronically delivered to EBSB over a secure Internet connection.
Remote Deposit Capture (RDC) is an innovative payment solution that allows you to make deposits electronically when it is convenient for you, without ever leaving your office. Simply scan the checks you receive through the RDC scanner and transmit the deposit using a secure web connection. The funds are generally available to you the next business day!
Remote Deposit Capture, in its most simple terms, is a service which allows a user to scan checks and transmit the scanned images and / or ACH-data to a bank for posting and clearing. The basic requirements for an RDC service currently include a PC, an internet connection, a check scanner and a service provider such as your current bank. Checks you receive at your corporate or bank location can be scanned to create a digital deposit. This digital deposit is then transmitted (usually over an encrypted internet connection) to your RDC bank or service provider who then accepts the deposit, posts the deposit to your account and assigns availability based upon your availability schedule. Remote Deposit Capture often has different names depending upon how the service is applied within a particular environment. These names include “Corporate Capture”, “Merchant Capture”, “Image Deposits”, “Image Cash Letters”, etc. In general, we see the term “Remote Deposit Capture” increasingly used as the
