One of the most frustrating and costly aspects of doing business
is dealing with bounced checks. In 1999 there were 258 million
bounced checks in the United States. Losses to payees were
approximately $12 billion. We have several options all of which
are designed to be time and money savers for your business. Using
expertise in collection procedures we recover the vast majority of
your bounced checks at no cost to you.
We even rebate you a portion of the state allowed fee and you get
Internet updates on the recovery process. Depending on the volume
of NSF checks you receive your business may realize a substantial
profit on NSF items. If you receive a substantial number of
returned items we can offer a unique, cost efficient solution to
your needs. Contact us.
How it works
Customer acknowledges fee may be assessed for
NSF by signing a check cashing card or the business stamps the
check and customer signs.
Your NSF items are forwarded to our
processing center from your bank.
The transaction then becomes an ACH/EFT.
The bad check is re-presented. If the funds
clear your account is credited.
If this re-presentment fails the account is
monitored electronically for funds availability and then the 2nd
re-presentment is made. Secondary collections is available.
There is no cost to you and you receive a
portion of the state allowed collection fee. (volume dependent).
Your business can realize substantial revenue from NSF items.