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Frequently Asked Questions


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Can Ea$yDraft process bad business checks? Our corporation needs a commercial check recovery service.
Yes. Ea$yDraft can process your bounced checks whether they are written by an individual or on a business account. Unlike companies that restrict their collections to RCK (electronic check recovery), Ea$yDraft has and utilizes the full spectrum of collection tools. It specializes in recovering all types of bad checks.
What is Ea$yDraft's collection rate?
Multiple factors affect the collection percentage: the speed at which checks are submitted, the dollar amount (a $50 check is usually easier to collect than one for $50,000), and even the geographical area the check was originated. Ea$yDraft's check collection percentage usually exceeds its competitors for all types of returned checks (eg: most NSF checks are collected in 2-30 days). Our proven success is partly due to the fact that we do everything a typical check recovery service does PLUS we utilize our unique automated return check re-presentment platform, Re-Check. Re-Check was developed to provide our Merchants the ability to tailor their check re-presentments to their customer base. With the help of an Ea$yDraft consultant Merchants can decide when to re-present checks for maximum collection efficiency. If Ea$yDraft is chosen for return check collection, our free online reporting platform will allow Merchants to see and track return check collections, as well as, put a hold or cancel any re-presentment as long it has not been released to the bank.
What happens after sign-up?
Ea$yDraft will work with Merchants to customize our Re-Check platform to specific business needs. Merchants will receive an ID and password and free training on how to use the Re-Check platform. Return checks will start coming directly to Ea$yDraft for re-presentment.
Is Ea$yDraft's check recovery service really free?
Yes. Ea$yDraft uses the state bad check fee, a cost paid by bad check writers, to make its check recovery service completely free.
What if Ea$yDraft cannot collect a check?
In these cases Ea$yDraft charges the Merchant a low return check fee to cover a portion of Ea$yDraft’s costs for the return fees we incur during the re-presentment process. The fee in most cases is less than the $5.00 - $8.00 return check fee charged by the Merchant’s bank.
Do we buy or use any special equipment?
No.
Does the Merchant need to "stamp" all checks received?
Yes. Ea$yDraft Merchants use a specialized endorsement stamp that directs banks to send the return checks directly to us. This eliminates the Return fee banks charge our Merchants and speeds up the check collection process.
Does Ea$yDraft require businesses to verify that certain information is on the checks they accept?
No, but having the driver's license information on checks is very helpful.
Are there minimums required to qualify for free bad check recovery?
No.
Can checks by phone still have RCK check recovery?
Yes. Ea$yDraft can process checks accepted over the phone and RCK check recovery is still permissible under certain conditions.
What about existing checks? Can these be re-presented?
Existing checks are accepted and the collection efforts are free. Just send us the checks and they will be scanned and entered into Re-Check to begin the re-presentment process. Anyone in the collections industry will tell you an important ingredient in collecting accounts is speed (submit accounts as fast as possible). Such is also true for bad checks (the older checks are the more difficult they become to collect).
What happens to the checks that are submitted for re-presentment?
Ea$yDraft makes an image of every check submitted (front and back) and these may be printed at any time free of charge. If the Merchant wishes to have their checks returned, this service is available for a nominal fee.
Is a "demo account" available for corporate Merchants?
Yes. This is on Ea$yDraft's corporate site. If you click "submit" you will be taken to a page where you can examine several of the features associated with Ea$yDraft's 24/7 free reporting service.
Are consolidated returns available for corporate Merchants?
Yes. This will eliminate your Return check bank fees.
How long will Ea$yDraft work to collect bad checks?
If Ea$yDraft cannot collect a NSF check after the allowable re-presentments, which usually takes 2-30 days, we can transfer the check to our internal collection agency or work with a collection agency of your choice until the item is collected.
Our business is in a small community and we want to control what checks we submit for re-presentment. Is this possible?
Yes. Using our free online reporting platform a check can be selected for re-presentment.
Does Ea$yDraft buy bad checks? Is a "check guarantee service" available?
Ea$yDraft does not buy bad checks, but does provide a check guarantee service. Most businesses are better served by outsourcing bad check collection to a check recovery service like Ea$yDraft. Unless your business typically accepts checks valued at $500.00 or more, a check guarantee service is usually a bad deal for businesses.
How would we terminate Ea$yDraft's Re-Check service?
Give Ea$yDraft a 30 day written notice. There are no termination fees. Ea$yDraft can offer some special services to large corporations and these unique arrangements typically involve a year-long contract.
How do we sign up?
Simply select the contact us button or call us and one of our sales associates will get you started.
Why use Ea$yDraft for returned check recovery service?
Receive all the benefits offered by other check collection services, plus we will share 15%-35% of the bad check fee we collect from your customers, turning a cost into a profit center. Ea$yDraft also provides one of the finest check reporting systems available for free.
Do most small businesses need a NSF check recovery service?
Yes, Ea$yDraft’s free returned check management service is an ideal solution for any U.S. business.