Remote Deposit

Posted By admin On 15/07/22
RemoteDeposit
  • Remote Deposit Services (receivable solution) At F&M Bank, we can help you save time and money by making deposits right from your desk with our Remote Deposit Now deposit solution - no more lost time or trips to the bank! Remote Deposit is designed for the company.
  • What is remote deposit capture (RDC)? RDC is a way to process payments without sending paper checks to your bank or credit union. Take a photo of checks remotely, and send check images to the bank for deposit. Which RDC option may be right for your business?

Streamline your receivables

With Chase QuickDeposit, our remote deposit solution, you just scan your paper checks and send the scanned images electronically or through mobile deposit to Chase for deposit into your checking account. Chase QuickDeposit can help you streamline your deposits and gain access to your funds.

Every paper transaction you convert to electronic helps to add speed and increase your ability to monitor overall cash flow.

Put your collections online

Our electronic receivables can change the way you do business, which may help you:

  • Streamline your A/R process.
  • Increase transaction accuracy.
  • Speed up collections.
  • Decrease fraud risk.
  • Improve customer satisfaction by accepting more payment formats.
  • Reduce float and receive your payments faster.

Remote Deposit

When you deposit checks from your place of business, you can improve cash flow and receive information quickly while helping reduce the time, cost, risks, and waste resulting from physically transporting check deposits.

Wells Fargo has two ways to help you make remote deposits:

Remote Deposit

Desktop Deposit® service

Remote Deposit

Using a certified scanner, computer, and Internet connection, or simply an iPhone, iPad, or Android device, you can deposit checks through the Commercial Electronic Office® portal or through the CEO Mobile® Deposit service.

Wells Fargo Electronic DepositSM service

Remote Deposit Central Bank

Using your existing process to capture check images and data, you can create and securely transmit a file to Wells Fargo.

The Wells Fargo advantage

Remote Deposit Scanner

  • Extended deposit times. You have an extended deposit deadline for same-day ledger credit of 7 p.m. PT/ 10 p.m. ET.
  • Lower bank fees. You can consolidate banking relationships, which may save money on account maintenance fees, and help you reduce time reconciling multiple bank accounts.
  • Access to deposit images for up to seven years. An extended deposit image archive lets you view all your paper and electronic deposits online using the Transaction Search service.
  • Benefits for your business and the environment. Not only will your company save on the cost of transportation and insurance associated with taking checks to the bank for deposit, but you’ll also reduce your ecological footprint by eliminating CO2 emissions.