Leading-edge Technology from PlainsCapital Bank
DepositDirect allows you to electronically deposit checks without leaving your business. Using our advanced imaging technology, you can reduce the cost, risk and clearing times associated with processing paper checks.
With DepositDirect, you can easily scan checks using our desktop scanner and DepositDirect software. DepositDirect automatically verifies each deposit using advanced handwriting recognition software. The completed transactions and images are transmitted to PlainsCapital Bank electronically for final back-office processing allowing the completed and balanced deposits to reach the bank more quickly and efficiently.
Features
- Deposit Scanning
- Automated scanning of all deposit tickets and checks
- Automatic creation of required deposit credit
- CAR/LAR Image Quality and Usability
- Uses Courtesy Amount Recognition (CAR) and Legal Amount Recognition (LAR) to reduce keying
- Automated checking of required image quality and image usability settings
- Data Completion and Balancing
- Easy to use, intuitive process to complete entering of check transaction data
- Automated transaction balancing and validation
- Reports, Research, Data Management
- Creation of transaction log with associated images and data
- Ability to view transaction data and interface to external accounting applications
- Extensive reporting and archival capabilities
- Transmission and Reception
- Confirms transmission and reception of transaction data
Benefits
- Reduces the number of trips to the bank and gives you more time to process checks for same-day posting
- Allows for batch processing of deposit transactions throughout the day
- Reduces fraud
- Reduces check processing labor and costs
- Improves accuracy of deposit balancing
- Expedites deposit services for high volume customers
- Improves cash concentration capabilities for multi-location businesses
Contact Us
To learn more about PlainsCapital Treasury Management services call
214-252-4000.
