MyECheck Inc., a leading provider of comprehensive Check 21 imaging, processing and related solutions, today announced that the company has successfully launched remote deposit capture services for corporate back office check scanning and Fed image clearing.
The new service enables merchants to scan checks at the point of sale or back office and remit properly formatted image files directly to the Fed for immediate clearing to their bank account. The service bypasses the bank of first deposit on the forward process so that the checks clear the same day or overnight.
MyECheck delivers robust, high-quality and cost-effective imaging services that are “plug & play” for businesses of all types and sizes. MyECheck’s RDC solutions deliver unparalleled scanning accuracy and sophisticated file repair and adjustment features providing the industry’s highest capture rates and cost reductions. The systems interface with back-end accounting systems with little or no customization costs.
MyECheck has certified a number of leading check scanners for use with its solutions. MyECheck is certified by the Federal Reserve and uses FedLine to transmit ANSI X9.37 files containing check images and related data to the Fed for immediate clearing.