Commercial Remote Deposit
Remote Deposit streamlines the entire bank deposit process, so that you can make your check deposits without ever leaving your office. Everything is done electronically, including:
- Deposit Preparation
- Record Retention
- Accounts Receivables
- and the Bank Deposit itself
How Remote Deposit Works
Using a desktop scanner simply scan, verify image quality and prepare check transactions for ACH or image deposit. Once scanning is complete, check amounts are entered and batches are balanced automatically. Then they are transmitted to Commerce Bank using a secure Internet connection. Automatically generated files can be used to update your internal accounting systems.
Benefits of Remote Deposit
- Increased accuracy of your deposit process while eliminating trips to the bank and associated expenses
- Improved cash flow due to later deposit deadlines and a more efficient deposit process
- Improved timeliness and accuracy of posting and financial reporting through automation of the posting process
- Justification for daily deposits, including small dollar deposits that would normally be held for several days
- View history of deposit amounts, check images and transaction detail on-line for up to 2 years
- Import transaction data to your company's accounts receivable system
Interested in learning more?
Contact your local representativeDisclosures:
- To send an email that contains confidential information, please visit the Secure Message Center where there are additional instructions about whether to use Secure Email or Online Banking messaging.
