With Remote Deposit Capture (RDC), instead of physically going to the bank to deposit checks, you can now create a virtual deposit ticket and scan the checks using a desktop scanner.
The benefit to companies is being able to make deposits outside of banking hours. Increased deposit frequency puts your money to work sooner, improving cash flow.
Five primary value benefits of RDC with FNB:
- Faster funds availability
- Reduced work flow and fewer trips to the bank
- Reduced risk of check fraud
- Reduced bank fees
- Strategically redeposit returned checks