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NSF Checks
If you receive a substantial number of NSF checks or returned items we can offer 
You'll be amazed at what you can save.
One of the most frustrating and costly aspects of doing business is dealing with bounced NSF 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 our processor 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.
How it works
- Notification to customer that a fee will be assessed for dishonored checks.
- 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 we electronically monitor the account and when funds become available the 2nd re-presentment is made. Secondary collections is available and we will provide you the face value of the check when we recover.
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.
If you would like more information contact us.
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