Remote deposit capture at your member's business with your credit union's branch and transmission to Southwest Corporate for processing
Southwest Corporate has a unique business model that features the following:
- Southwest Corporate provides dedicated support staff Monday - Saturday at no additional cost
- Southwest Corporate's dedicated staff performs MICR line corrections for the credit union - saving the credit union time and expense, while reducing the credit union's risk
- Southwest Corporate has made significant investments in the national image exchange network - allowing it to have the highest exchange rate among corporate credit unions
- Southwest Corporate's dedicated support team enables credit unions to implement remote deposit services based on their needs and timeline - no waiting in line
Southwest Corporate's Business Remote Deposit Service allows your credit union to offer business members the efficiency and cost savings of in-house, on-site remote deposit
Among the many benefits to your members:
- Improved service helps eliminate or minimize trips your member has to make to the credit union to deposit checks
- Expedites deposit collection and extends deposit deadlines
- Reduces deposit preparation errors and increases productivity
Among the many benefits to your credit union:
- Provides a leading-edge service that is in high demand from business members
- Reduces work-load and reduces error resolution
- Courtesy Amount Read (CAR), Legal Amount Read (LAR), and Intelligent Repair System
- Duplicate item/batch detection
- Establishes parameters for items per deposit, deposits per day
- Images same day via business capture software, archived seven years via TranZact
- Nationwide image clearing
How Business Capture Works
- Check scanners are installed at your business member's location
- Software is downloaded and installed on a web browser
- The member scans images of checks to deposit
- Software performs CAR/LAR read and assists in correcting errors
- Software verifies image quality and balanced transactions
- Check images are automatically sent to Southwest Corporate via a secure transmission
- Credit union approves deposits based on its parameters
- Multiple posting files available to credit unions
- Imaged checks are cleared the most expeditious and least-cost method
- Archived images can be accessed online
Southwest Corporate is at the forefront of offering remote image deposit services. Business Capture is one aspect of a full suite of Check 21 services available, which also includes ATM Capture, Teller Capture, and Branch Capture. Credit unions receive full implementation, training, and ongoing support by a dedicated team of in-house specialists.
Image exchange relationships expedite processing, reduce the need for substitute checks, and provide substantial savings to credit unions. Southwest Corporate has more experience and more exchange relationships than any other corporate credit union.
Business Capture. The Future. Here Today.
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