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Re-Presented Check Entry (RCK)

 

Additional Information

       
   

A Complete and Customized Solution
Solutran's innovative Re-Presented Check Entry (RCK) services enable you to recover on NSF checks electronically via the Automated Clearing House (ACH). You can enhance your recovery strategies, reduce bad debt, and save operating time and money. With Solutran's Re-Presented Check Entry services, you can speed up NSF recovery and enjoy clear rates of up to 75 percent.


Outstanding Features and Benefits
Solutran's Re-Presented Check Entry service provides multiple benefits, not only to you as our client, but to your consumers as well.


Faster, Higher Collection Rate
Solutran electronically re-presents NSF checks twice, giving you up to three opportunities to recover your funds, including the original presentment of the item. We also let you time re-presentments to coincide with likely consumer deposits, such as paydays, thereby increasing the likelihood of successful recovery. With this combination of strategic timing and faster processing, current Solutran clients are experiencing an increase in recovery rates.

                                                                           
Lower Processing Costs
Re-Presented Check Entry significantly reduces operating costs associated with traditional returned check recovery, such as bank return fees.

                                                                                      
Quicker Notification and Reduced Losses
Re-Presented Check Entry provides electronic notification of problem checks up to five days sooner than with the traditional paper return check process.

                                                                                    
Improved Customer Goodwill
Because Re-Presented Check Entry is a less-intrusive way to recover NSF items, customer embarrassment over bounced checks is minimized.


Rapid Results
Implementing Re-Presented Check Entry is fast and simple, and its effectiveness is evident almost immediately. Pilot programs can be implemented in 20 days.


Returns Versatility
Re-Presented Check Entry can also be used in conjunction with our Consolidated Returns (RCC) service, which enables you to have all returns consolidated into one account, decreasing return check fees and account management time. Solutran is also able to paper re-present RCK ineligible and non-ACH processable items.

Other integrated services include:


- Consolidated Returns (RCC)
- Service Fee Recovery
- Data Capturing
- Digital Imaging     

  - Consolidated Returns (RCC)

- Re-Presented Check Entry (RCK)

- Service Fee Recovery

- Data Capturing

- Digital Imaging



 

Sample Reports

To request a sample report, or for more information, please email solutions@solutran.com or your sales representative.

 
 
     
       

 

     
       

 

     
 
       
       
       
   
       
       
       
       
 
 
   

Phone: 763.559.2225     Fax: 763.559.8872     Email: solutions@solutran.com

 
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