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  2. Sentences Mobile

    • Bounced checks also show up faster when processed through remote deposit.
    • Some financial institutions accept remote deposits via conventional iOS by Apple.
    • Remote deposit use is growing rapidly.
    • The NetDeposit unit's primary business was remote deposit, along with associated check and credit card processing services.
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    What is remote deposit & mobile deposit?Remote deposit or mobile deposit is the ability of a bank customer to deposit a cheque into a bank account from a remote location, without having to physically deliver the cheque to the bank.
    Is remote deposit a good idea for a bank?Remote deposit is less labor-intensive for banks. The customer creates the image so the bank doesn’t have to, and no teller or branch location is required. Remote deposit should save you time, and it might even save you money. You can skip trips to the bank, armored car services, and time waiting on check float.
    What is remote deposit & how does it work?Remote deposit is a way to process payments without sending paper checks to your bank or credit union. By scanning an image (or taking a photo) of checks instead of moving physical documents around, you get faster deposits and fewer errors. Who Uses Remote Deposit? Businesses: Businesses were the first users of remote deposit technology.
    What is remote deposit capture?Remote deposit capture is not only more convenient for bank customers; it also benefits the banks themselves. The Check Clearing for the 21st Century Act (also called Check 21) is federal legislation that became effective in 2004 made remote deposit capture possible by allowing banks to accept check images in lieu of paper checks.
     
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    Remote deposit or mobile deposit is the ability of a bank customer to deposit a cheque into a bank account from a remote location, without having to physically deliver the cheque to the bank. This was originally accomplished by scanning a digital image of a cheque into a computer then … See more

    Remote deposits became legal in the United States in 2004 when the Check Clearing for the 21st Century Act (or Check 21 Act) went into effect. The Act is intended in part to keep the country's financial services … See more

    Remote deposit use has grown. A June 2009 survey by group Independent Community Bankers of America found that 62% of banks in the … See more

     
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  5. REMOTE DEPOSIT in a sentence | Sentences WordTool

  6. How Remote Deposit Capture Works - The Balance

    WEBDec 28, 2021 · That’s great news, and you might think it’s due to the technology, but here’s the bad news: The money didn’t really move that fast. Your bank simply assumes that checks won’t bounce, but you may …

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