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Easy Re-Check |
Collect Returned Checks with
Easy Re-Check
Re-presented Check (RCK) is rapidly becoming the preferred method for bounced check recovery for virtually every company that accepts paper checks as a form of payment. Ea$yDraft can process bounced checks whether they are written by an individual or on a business account.
- NSF checks received by the Merchant’s bank are routed directly to Ea$yDraft’s RCK system.
- The check is scanned and turned into an electronic transaction to be delivered via the ACH Platform.
- Ea$yDraft is allowed to re-present a check up to an additional two times.
- Through an automated inquiry process, Ea$yDraft waits until notification of adequate funds are available and then debit the clients account for the full amount of the check.