DEPOSIT CAPTURE
CNBusiness DepositSM Deposit Capture is an electronic deposit service that allows businesses to conveniently scan and deposit checks directly from the workplace.
PAYMENT CAPTURE
CNBusiness DepositSM Payment Capture is an electronic service that permits businesses to scan a remittance invoice along with a check for deposit, which can then be imported for reconciliation of receivables.
Benefits
Save time and expense
Deposit check batches directly to the bank boosting employee productivity and avoiding costly courier runs. Achieve better cash flow
Maximize your interest earned by depositing collected checks more quickly. Faster processing of items also reduces overdrafts. Deposit on your schedule
Transmit checks to the bank immediately or at your convenience, 24 hours-a-day, seven days-a-week. Reduce manual processing effort
Gain efficiencies through the automation of the endorsement of checks during scanning processing and the generation a virtual deposit ticket for your records. Reduce errors in processing by reviewing the total deposit amount which is presented following batch scan to verify operator input. Consolidate banking relationships
Transmit all check images directly to CNB from any geographic location. Reduce risk
Decrease security risk from theft or accidents while transporting deposits to the bank. Deposit into multiple checking accounts
Deposits can be made to any of your business checking account using a single CNBusiness DepositSM system.Reports immediately available
Transaction history reports, check images, and now remittance advice data are available for reference requirements following all processing, including transmittal location identifier.Access to paper check reference documents
Check originals/remittance invoices are retained for a short period as a reference to ensure proper transaction clearing.Accounts Receivable updates
Import payment data directly into your accounting system.
Requirements
- Easy implementation - In addition to a CNBusiness ChoiceSM or Analyzed Checking Account, a service agreement is required.
- Use of standard hardware - System utilizes a USB desktop check scanner and Personal Computer (PC) with broadband internet connection.
- Minimum PC Specifications - Windows Operating System (XP Professional SP2 or later), Pentium 4 3GHz or Intel Duo-Core 1.86GHz CPU, 1GB RAM, 120GB storage drive, 17-19" flat panel monitor, CD writer (for backup purposes), broadband internet capable, and internet browser, e.g., MS Internet Explorer.
- USB Scanner - Panini MyVision X (minimum 30 pages/minute, 30 item hopper)
For more information contact one of our Business Development Officers below OR complete the online contact us form below:
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