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Direct Debit
Remote Deposit Capture converts your business's paper checks to images for deposit. Using a scanner and software, you can reduce the time it takes to create a business deposit and eliminate the need to drive to the bank to make your deposit.
How does Remote Deposit Capture work?
- Using your scanner (available through WMB), paper checks are converted to images and then electronically transmitted to the bank.
- Your business can access images of checks deposited at your computer for up to 18 months.
Benefits of Remote Deposit Capture
- Make deposits without going to the bank.
- Get more money into your account with a later cut-off time, extended to 4:00 pm EST.
- Save money on service charges associated with deposited items.
Which businesses should use Remote Deposit Capture?
- Businesses who do not handle a lot of cash.
- Businesses not located near a Wilson & Muir branch.
- Businesses with limited personnel available to take deposits to the bank.
- Businesses who receive checks throughout the day and would like to make multiple deposits without making multiple trips to the bank.
- Businesses with a higher receivable volume who want to take advantage of today's technology and add efficiency to the deposit process.