Hickory Point Bank’s electronic check recovery service significantly reduces the burden of collections, while potentially doubling your recovery rate. You collect more returned checks and get 100% of the face value of all checks collected electronically. Re$ubmitIt® handles the collection process discreetly from beginning to end via ACH for re-presentment directly to the check writer’s bank account.
Highlights
- Recovers 100% of the face value of all checks collected electronically
- Increases collection rates
- Recovers items more quickly
- Reduces cost of manual processing
- Provides on-line collection status 24/7
- Allows you to focus on serving customers, not collections
For more information about Hickory Point Bank’s Re$ubmitIt® electronic check recovery service, please call the Banking Solutions Center at 217.875.3131.