American Momentum Remote Deposit Services: Making Every Minute Count
Every minute counts when it comes to building your business. We help simplify the process of depositing checks into your business accounts. Our Remote Deposit Solutions* enable you to deposit checks whenever you choose, and from any location, saving valuable time and resources. This is the program for those who like to increase productivity while saving time and money.
It's easy and convenient: simply scan your deposits from your office according to your work schedule. Deposits can be made during non-banking hours, up to 7 p.m. EST, Monday through Friday for same day credit.
The benefits of Remote Deposit include:
- Reduce Expenses
- Eliminate the cost of a courier service or employee delivery of check deposits to the bank.
- Increase Efficiency
- Scanned items are stored electronically, eliminating the need to photocopy and file checks.
- Reduce Risk and Fraud
Depositing checks frequently and quickly means they clear quickly while reducing returns. When there are problems, it also allows your company to begin the collection process sooner.
Here's how it works:
- Receive check payments: Accept check payments from clients and vendors throughout the business day, at any of your business locations.
- Scan: Scan the front and back of each check, including the MICR line information and dollar amount.
- Review: Checks are totaled and an electronic deposit ticket amount is prepared for your review and approval.
- Submit: Your scanned check images are automatically extracted from our web-based system for processing after 7 p.m. EST, Monday through Friday for same-day credit to your American Momentum Bank account.
To learn more, please contact American Momentum's Treasury Management Specialist at (813) 549-4723.
*Subject to credit approval.