As you well know this
process can take 10 days or more. When the bad check is
received at the local bank they tack on an NSF fee varying
from $5 to $30. The business now has to hopefully collect the
face value from the customer and if lucky assess a fee.
Returns the flow of the NSF check is the same until it reaches
the Federal Reserve level. Your companies NSF items are
separated and sent to our processing centers immediately. We
then image the NSF check and begun advanced electronic
collection including automatically monitoring the account for
a positive funds balance. We collect the face value and assess
the fee electronically. You can literally have your NSF check
recovered and fee assessed in half the time it took to even
know the check was NSF.
offers a solution that can actually produce revenue
from a heretofore time and money draining problem; the NSF