This innovative scanning device allows you to make deposits from the comfort of your office regardless of the weather, the time of day or how much other work is waiting. It saves you time and expense. InsBank is literally at your fingertips. With Deposit Bank®, you simply scan the checks you receive for deposit. It batches (like a deposit ticket) the checks for you. When you submit the checks, they are processed by the bank and credited to your account. It is a less paper intensive process and provides faster cash flow. You can then use Internet Bank to check your balances and transactions on line.
How It Works
- You feed the paper check through a scanner
- MICR information and digital images of the check are captured
- You then key the dollar amount, and click "Submit" to process the payment
- Funds are debited from the check writer's bank account
- Your bank account is credited with deposit
Benefits of Deposit Bank®
- Receive Funds Faster
- Eliminate the need to take checks to the bank
- Enjoy later, daily deposit deadlines
- Speed, Savings, Convenience and Security
- No need to purchase, install or maintain software
- Improves efficiency and profitability
