Electronic NSF Collection
with Check Collect

What is Check Collect

Check Collect is a service to collect NSF (Non-Sufficient Funds) checks. With Check Collect, it is all done electronically. This is how it works. Your bank forwards any returned checks to Check Collect. We enter the check in our database and originate an ACH (electronic debit) for the full amount of the check and a separate electronic debit for our processing fee. The customer who wrote the check bears the cost of collecting it, not you.

Each item is clearly identified on the customer's bank statement. In addition, we send along an electronic memo (like an E-mail) with each ACH transaction detailing, to the receiving bank, what the ACH amount is for.

Our electronic collection process is much faster than the conventional method. Most ACH transactions take only 24 to 48 hours no matter where the bank is located in the United States. And under certian conditions, Check Collect can even split the original check amount into smaller amounts so the account can be settled.

Each week you receive payment on all checks collected and a report on the status of all checks in the Check Collect System. No more waiting 30 to 60 days for you money.

Your customers will like the program as well, because hot checks are an unpleasant event for everyone envolved. Having to redeem that check with cash, money order, cashier's check or with a trip to a collection agency can be embarrassing. With Check Collect, your customer's check is simply electronically resubmitted. All is handled quickly and confidentially.

How to get started with Check Collect

It's easy to get started. Simply complete the information request form to get more information. Once you're ready to put Check Collect to work, all you need to do is complete the Check Collect Agreement and the Bank Release Form (authorizing your bank to forward returned checks to Check Collect). We will provide your Check Collect point-of-sale signage for you to display so your customers can easily read them.

It's that easy. And you will never have to worry about collecting returned checks again.

Request Check Collect Information

Check Collect Point-of-Sale Sample Signage Information