Electronic Check Services

A better way to handle checks

Electronic Check Services from First Citizens makes accepting personal checks from your customers simpler and safer, so you can concentrate on your business—not on dealing with returned checks. The services include:

• Check Verification—Matches checks against a nationwide database that lets you know whether a customer has a history of writing bad checks.
• Check Conversion—Converts each check to an electronic image, then processes consumer checks and your deposits electronically. If there's ever a discrepancy, you'll have access to the deposit information and the check image via the Internet to verify the information.
• Check Collection—Authorizes First Citizens to re-present returned checks or turn them over to our collection agency.
• Check Guarantee—Assures you of being paid 100% of the value of the checks you accept. All you have to do is follow a few simple procedures such as making sure each check has the account holder's phone number on it.

It all adds up to this: We make accepting checks fast, easy and profitable for you.

Choose a level of protection

Our electronic check services are available in a variety of combinations to meet your needs:

• Check Conversion with Check Verification
• Check Conversion with Check Guarantee
• Check Conversion with Check Collection
• Check Verification Only
• Check Verification with Check Collection

Cash in on the benefits

Electronic Check Services can mean significant savings for your business by helping you avoid the costs and hassles of returned checks.

• Check Conversion helps speed up check clearing and makes funds available faster to improve cash flow. It also eliminates adding and bundling checks to take to your local branch for deposit.
• Check Verification has been proven to cut by approximately one-third the number of checks returned for nonsufficient funds.
• Check Guarantee allows you to accept checks with confidence — your business is protected from any losses connected with returned checks.
• Check Collection saves you time and money associated with collecting returned checks.