Deposit Express Remote Capture

Business moves fast. You can move faster. Deposit Express allows you to deposit checks electronically without having to leave the office. You can save time and money by eliminating daily bank runs, allowing you to focus on running your business. All you need is our desktop scanner and an internet-enabled computer. Just scan in the checks and we'll credit your account. It's like having a 24-hour teller right in your office.

Deposit Express Remote Capture
Summary
  • Deposit checks online from your office
  • Save time and expense
  • Easy to use
  • Securely encrypted
  • Funds available more quickly
  • Make deposits after normal business hours
  • No expensive courier fees
  • Consolidate funds from multiple locations
  • Set up multiple accounts
  • Make as many deposits as you like
  • Reduced risk of check fraud
What You Will Need

Deposit Express is easy to set up and use. All you need are the following items:

  • PC with a current version of the Microsoft® XP, 2000, or Vista, and a USB 2.0 port
  • Desktop check scanner and software (provided by the bank)
  • High speed internet connection.
  • Account with The Bank of Georgia
FAQ

How does Deposit Express work?

Simply scan an image of both sides of a check by passing it through a check scanner. This image then becomes the legal equivalent of the original check, and the image is submitted to your financial institution through a secure electronic server. The Bank of Georgia treats this image as the legal equivalent and begins processing the check immediately.

What is a substitute check?

Also known as an IRD (Image Replacement Document), it is a paper reproduction of the original paper check, and is legally binding as a legal proof of payment.

Substitute checks:

  • Contain an image of the front and back of the check
  • Contain the MICR line of the original check, which includes account and routing numbers
  • Conform in paper stock, dimension, and other industry standards for images and substitute checks
  • Are ready for automated processing in the same manner as the original check
  • Do I have to change or upgrade my computer system?
  • Each scanner will have minimum system requirements, which will vary with each scanner. Each scanner will come with a driver that will need to be loaded. If your computer does not have an open USB 2.0 port and a current version of Microsoft(R) Windows XP, Windows 2000 or Vista, you will need to upgrade.

Who will use the system? What type of training will be provided for them?

Individuals already in charge of manually preparing and delivering deposits are typically the main users of this automated process. The Bank of Georgia will provide on-site installation and training.

How late can I make a deposit and still receive same day credit?

The cut-off time for same-day deposits may be extended for deposits issued electronically. See your agreement for details.

What should I do with the check after I make the deposit?

Generally, original checks should be stored for at least 60 days before destroying. Refer to your agreement for details.

How will I receive notification of an NSF?

Returned checks will be handled as usual, except that a substitute check will be returned in place of the original check.

Can I set up multiple accounts for deposit?

Yes. Deposits can be made to any number of accounts from the same scanner.

How does Premier Deposit Express differ from POP or POS systems?

Many retailers use a POP or POS system that produces an ACH (Automated Clearing House) debit from their clients' accounts. This information is usually captured at the point of purchase, and the checks are truncated. This means that an image of the check is not captured and therefore cannot be returned in the customer's bank statement. Some users of POP or POS systems are moving to remote capture systems like Deposit Express to reduce equipment, maintenance, and training costs.

What types of checks can be processed through Deposit Express?

U.S. dollar checks drawn on U.S. financial institutions with valid routing and transit numbers are accepted, including personal checks, business checks and postal money orders.

What security controls are provided for Deposit Express?

Users access rights, depository restrictions, and review criteria levels are controlled within the software. Data transmissions from your PC are protected by 128-bit encryption.

For more information contact us online or call us at 770-631-9488.