Why shouldn the merchant simply allow the bank to re-deposit the NSF checks?
Banks can charge as much as $5 to $10 if the NSF check is returned unpaid a second time. With ChekXcept there is no charge to redeposit the check electronically and no charge each time it comes back unpaid. Furthermore, the electronic re-presentment is far more likely to be successful due to the speed and timing of the re-presentment. ChekXcept can redeposit the NSF check up to three times in some cases, while the bank can only redeposit the check once. If the NSF check is unpaid at the bank after the redeposit, the bank sends the check to the merchant who must collect it personally. There are other options available to you with ChekXcept.
