Remote Correspondent Capture
Remote Correspondent Capture is a simple to use remote capture solution for banks and their correspondents.
Traditional paper cash letters are scanned at the correspondent bank’s location and transmitted over a secure line for immediate processing at the bank’s operations center.
This eliminates the physical transportation of the checks and allows expanded processing windows.
Banks will reduce courier expenses and processing risks and gain enhanced timeliness and efficiency in their payments processing operations.
Remote Correspondent Capture highlights include:
Eliminates the costs, time, and delays associated with transporting paper cash letters
Earlier receipt of cash letters
Improves overall efficiency
Allows more favorable clearing deadlines
Retains the images, making research adjustments easier