Image Cash Letter
Your business can automate the preparation and delivery of your check deposits to the bank. Ideal for companies with centralized in-house receipts processing with the ability to capture/transmit MICR and check images, Image Cash Letter will:
- Reduce transportation costs
- Streamline back-office procedures
- Provide the convenience of a later deposit cutoff time
- Provide for faster notification of returned items based on faster deposit time
Efficient
- Save time by eliminating the need to make regular trips to the bank to deposit checks
- Work at your convenience. Deposit deadline for same day ledger credit extended to 8:30 p.m. Central Time, enabling you to process deposits after hours
- Deliver your deposits to BBVA Compass through a secure electronic connection
Cost Effective
- Consolidate redundant operations, streamlining your deposit reconciliation process
- Reduce costs. Centralized deposits may result in larger balances to offset fees
- Deposit funds into a single account, eliminating time intensive concentration efforts
