We don’t just provide tools, we provide partnership.

• Accelerated Clearing:
  Remote Deposit Capture allows your business to capture and process deposits in your office and eliminates the need for the checks to be transported to the bank.  This reduction of the transportation time form the total processing lifecycle of deposited checks accelerates the clearing process.
• Improved Availability:
  Closely related to accelerated clearing is improved availability.  The earlier a deposit is made, the checks in the deposits are cleared through the originating banks and the funds are available for your business’s use.
• Enhanced Cash Flow:
  Accelerated clearings and improved availability results in improved cash flow and working capital for your business.
• Reduced Return Item Risk:
  The faster the deposited checks are cleared, the faster you will learn about any returned items to your account.
• Reduced Transaction Costs/Convenience:
  Since the vast majority of the checks your business receives are suitable for Remote Deposit Capture, your business will realize a reduction in transportation and personnel costs associated with trips to the bank to make your deposits.  You may be able to reduce your daily trips to the bank to once a week or even less.
• Consolidation of Banking Relationships:
  Remote Deposit Capture can enable your business to consolidate your banking relationships. If you have multiple offices or retail outlets, it is no longer necessary to have a branch bank around the corner from your locations.  One banking relationship will also simplify your accounting department’s administrative efforts and multiple account reconciliations.
• Improved Record Keeping and Ease of Research:
  Remote Deposit Capture will allow your business to store your deposit records digitally which will improve the organization of your records and make research and recall of deposited images more efficient.

See your West Town Bank & Trust representative for a Remote Deposit Capture application.  A West Town Bank & Trust representative will assist you with the installation, training and technical support.
*The monthly fee is based on the chosen scanner hardware.

Remote Deposit Capture (RDC) Required Documentation:

• 3 month of most recent bank statements
• 2 years of most recent bank statements
• Year to date P&L Statement

Note: Please collect additional required information using the “New Account Personal Client Information” for each authorized signer on the new business account.