• Merchants Capture utilizes Web-based technology in conjunction with a standard Internet-enabled desktop computer and check scanner in your office.
• This is a service which allows your business to scan checks (both consumer and business) at your location and transmit those images directly to Merchants Bank for posting and clearing.

Benefits of Merchant Capture

Convenience!

• Reduce transportation costs and risk.

  Eliminate daily bank runs by internal employees or your self. The savings will be revealed through reduced transportation costs, i.e. mileage expense paid to the employee, courier expense or lock box fees.

• Ability to deposit at your convenience.

  Send in a transmission at any point during the day, which is considered a deposit made at the time of receipt.

• Extended deposit time frames.

  Initiate deposits at any time during the day because you are not limited to bank branch hours. Deposits can be made up until 8:00pm EST for current day posting. You will have next day availability for ACH and IRD items.

• Opportunity to consolidate banking relationships.

  Eliminate relationships with other financial institutions outside the Merchants Bank because geography is no longer a barrier for deposit processing. All your deposit accounts with Merchants Bank can be linked to the Merchant Capture imager.

• Reduced Fees.

  Reduce bank fees and eliminate per item charges. Deposits will be processed and scanned at your home office.

For more information please contact us at 812.637.3232.