|
Benefits of Business Banking:
Could Remote Deposit Capture Be Beneficial To You?
 Remote Deposit Capture (RDC) enables Chelsea Groton customers to "deposit" checks electronically at remote locations, usually at a customer's place of business, for fast credit to their account.
How it works
Customers with an active business deposit account are able to log-in to their secure RDC account with a single log-in ID and password in order to digitally scan paper checks from their desktop. An image of the check is electronically transmitted through a secure internet connection to the Bank anytime, day or night. For deposits made to an account by 4:00 pm on any business day, funds are posted the same day. For deposits made to an account after 4:00 pm, funds are posted the next business day.
Remote Deposit Capture technology compares the total amount of the deposit on the electronic deposit slip to the total of the scanned items and prevents the transmission of deposits that are out-of-balance.
Images of deposited items are stored in a sixty (60) day image archive and can be viewed or printed by company-designated individuals as needed. Items are stored in a separate permanent image archive and can be retrieved by the Bank when needed.
How it could benefit you
Business owners work around the clock to ensure their business is running smoothly, payments are received, vendors and employees are paid, and so much more. Remote Deposit Capture enables business owners to focus more on the growth of their business and less time in the car or dealing with paperwork. Business customers have found Remote Deposit Capture to be:
- Convenient – Deposits are made electronically from a business location (or multiple business locations), at any time.
- Efficient – The time and effort it takes to travel to the Bank, make photocopies of checks and prepare deposit slips is eliminated.
- Accurate – Remote Deposit Capture prevents transmission of out-of-balance deposits.
Do you think Remote Deposit Capture could benefit you? Contact our Business Banking Department at 860-448-4203 or growthatbusiness@chelseagroton.com.
|
