Cashing Checks, Straight Into Bank Accounts, at the Speed of Light

NEW! Put your cash to work instantly — and stop spending time opening and endorsing checks and driving or mailing them to the bank

One form of Process Mail that businesses of all sizes currently handle at great time and expense is the simple check. So many steps! So many hands!

  1. You receive the checks with other mail
  2. You sort the checks out from the other mail
  3. You have them delivered to the Check Opening Area
  4. You manually open the envelopes and collect the checks
  5. You transport the checks again, perhaps to accounting
  6. You inspect the checks and endorse them
  7. You mail or drive them to the bank for yourself or your client

So now the question you need to ask yourself is: Why?

In 2004, all of the above steps were made obsolete. Congress passed the Checking for the 21st Century Act ("Check 21"), which made a scanned image of a check immediately bankable.

There's a Simpler, Faster, More Secure Way

Auto-Deposit with Electronic Check Processing (ACH). Have your checks automatically opened, scanned for you – and deposited digitally in the right account. The benefits?

  • Much faster banking of deposits, putting your client’s money to work sooner.
  • Reduced processing costs. The Federal Reserve estimates a savings of up to $1.63 per ACH payment (1.15 to $1.47) compared to the cost of processing paper checks ($2.78 to $3.09, including costs to depository institutions, payees, and processors).
  • Earlier fraud detection. Which means faster fraud resolution and recovery.
  • Fewer bad checks and higher recovery rates. Bounces result in faster notification to you and faster re-presentment – often the same day – without time-consuming calls to debtors to request new checks.
  • Reduction of human processing errors (i.e., miskeying and misreading)
  • Greater consumer security and privacy. Federal and industry rules give consumers greater account protection when their checks are converted to digital rather than paper form: among other safeguards, they now have 60 days to dispute any electronic activity on their account statements. And because fewer people handle electronic checks, there’s actually less opportunity for ID theft than with paper checks – and processors have lower liability. See our industry-leading security .

Read how professional services firms like accounting firms are using Earth Class Mail for all types of mail, including checks and invoices.