| - API Software Interface. Rolling out RDC is easy with | | | | advantage of volume based transactions discounts |
| quick integration with existing software. | | | | and will save them money on account maintenance |
| - Multi-function platform. Check21-RDC, ACH, credit | | | | fees. |
| debit card processing can all accommodated on the | | | | - Saves time and money. Electronic image transfer |
| same platform. | | | | means fewer trips to the bank, saving transportation |
| - Banking Independence. Customers can use any | | | | costs and eliminating courier and/or mail fees. And, |
| financial institution desired as a depository account for | | | | since checks are archived online, there is no need to |
| the ultimate in flexibility. No new bank accounts are | | | | photocopy checks before taking them to the bank |
| required. If the customer wishes to change banks at | | | | saving money on copying and storage. |
| any time, continuity of RDC clearing (and smooth | | | | - Increase productivity. Much of the error-prone manual |
| operations for customers) is assured. | | | | labor of check preparation is eliminated with RDC, |
| - Online check image archives. Easy search and | | | | freeing customers' employees to concentrate on other |
| retrieve for any image transaction. All checks are | | | | projects. Streamlining of check deposits management |
| archived online for fast and easy access making it | | | | accelerates the smooth flow of your customers' |
| simple to recover and share any payment | | | | business operations. |
| documentation to customers. | | | | - Expanded banking hours. RDC expands the banking |
| - Automated resubmission of returns. XML/SOAP | | | | hours in your day by 50%. In an amazing gift of time, |
| eliminates the need for manual handling of returns | | | | RDC deposits can be made up to 8 pm EST freeing |
| increasing productivity and cash flow. | | | | customers of worries about meeting a 4 pm cutoff |
| - Full online reporting. The entire clearing and settlement | | | | time. Additionally, RDC offers convenient 24-hour |
| process for each transaction is available online. | | | | deposit capability. Deposit checks anytime, including |
| Management reports can be compiled quickly through | | | | nights, weekends, and holidays; after hours checks |
| the manipulation of any variables. | | | | clear the next banking day. |
| - Faster access to money. Remote Deposit Capture | | | | - Decreased fraud risk. RDC gives customers the |
| fosters speedy check clearing resulting in drastically | | | | protection of computerized anti-fraud programs which |
| decreased settlement times. Depending upon | | | | are not available with paper check transactions. |
| underwriting criteria of the customer, funds can settle | | | | Electronic clearing includes anti-fraud algorithms and |
| to accounts as quickly as the next business day. | | | | systems for customer security. In addition, shorter |
| Faster settlement means increased cash flow and | | | | clearing times offer better protection against check |
| quicker availability of working capital for your | | | | fraud. |
| customers' business. | | | | - Clear file delivery. In the rare case where a poor |
| - Reconciliation and management is infinitely easier. | | | | quality image is received, customers receive |
| With RDC, checks are transmitted electronically | | | | notification via email. They can immediately resubmit |
| eliminating the need for multiple depository accounts. | | | | the information assuring near 100% clear file delivery. |
| Customers' finance departments will no longer be | | | | - Geography disappears. Flexible online reporting |
| burdened with the time consuming administrative | | | | means data can be rapidly shared with customers' |
| functions required to manage multiple accounts. | | | | management team, no matter where they are |
| Consolidation also enables customers to take | | | | physically located. |