DEPOSIT CHEK® BENEFITS
- Better identify bad checks and various check fraud schemes.
- Reduce reliance and expense of contacting financial institutions for verification.
- In accordance with Reg. CC, place or extend holds when there is reasonable doubt of collectibility.
- Limit the number of unwarranted holds.
- Enhance customer/member service by saying 'yes' to most.
- Prevent actual losses that would have otherwise occurred.
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