Check Services

SBS Automated Phone
Payment System

Electronic Check Conversion

Checks by Phone

ARC - Accounts Receivable Check Conversion 

RCK - Electronic Check Recovery

Check Consolidation

ARC - Accounts Receivable Check Conversion

It's Faster! • It's Easier! • It's More Economical! • Increases Cash Flow!

No More Driving to the Bank to make a Deposit!

How ARC Works:

Using proprietary PC-based software and check scanning hardware, you can scan conventional paper checks and transform them into an electronic transaction (ACH). By submitting the check as an electronic transaction, the funds will be available within 24 to 48 hours. The software also stores the check data and check images in a shared database for future research and retrieval, re-submission of NSF checks, and more.

Why would you want to convert a paper check into an electronic transaction?

Let's say you are a utility company that accepts thousands of checks each month from customers. Currently, you would have to look up each customer's account, apply the payment to the account, stamp the check for deposit, create a deposit slip, then drive to the bank and make the deposit. On top of this, your bank will typically charge you 10 to 25 cents for every check you deposit.

By converting the paper check into an electronic transaction, things are much more efficient: First, you scan the customer's check. If it's an existing customer, the customer account information comes up automatically which links the payment to the customer. Then you just enter the amount of the check into the software. You repeat this for every check you receive.

At the end of the day, instead of driving to the bank, you create an ACH batch file using the software provided, and upload the batch file for processing. The money will be in your bank account within 24-48 hours, and because it was submitted as an ACH batch file, your per-transaction fees will be much less than a paper check would be.

Versatile PC Software:

This PC-based check deposit software application works in conjunction with leading check scanners on the market. It provides check conversion and produces an ACH file for electronic processing and transmission. The software stores the check data and images in a shared database for future research and retrieval and is available in single or multi-user versions.

• Complete image of the Check is captured.

• Multiple Search Options permitting easy retrieval of document records.

• Graphical representation of error messages via icons, allowing for the quick editing of document information.

• Research and printing capabilities of archived images and data.

• Automated ACH file preparation/transmission.

 Permanent archive created per ACH file transmission. Capability of storing archives in your local hard drive, network drive, or  permanent media such as CD-ROM.

The Consumer Database is capable of auto-populating the Name fields for check records during the scanning process. This innovative system processes the following Entry Classes:

• Point-of-Purchase Checks (POP)
• Accounts Receivable Checks (ARC)
• Recurring Debits (PPD)
• Re-presented Checks (RCK)