Remote Deposit

Already use Remote Deposit?    

With Remote Deposit from Tennessee Bank & Trust you can deposit checks electronically from your desktop. Remote Deposit utilizes a scanner that connects to your computer and the Internet. With it, you can scan checks received from customers and issue deposits electronically to the bank, anytime day or night. It is the quickest way to make deposits.

Is Remote Deposit right for your business?
Answer 7 easy questions to find out:

1. Do you average more than 10 checks per deposit?
2. Does your business have multiple locations?
3. Do you make more than one deposit per bank visit?
4. Do you make deposits after normal banking hours?
5. Is your business located in a remote area?
6. Do you pay transportation costs to deliver deposits to the bank?
7. Do you receive checks with large dollar amounts?

If you answered YES to ANY of the above questions, then Remote Deposit may benefit your business. Give us a call and we'll find out for sure.

What does a Remote Deposit scanner look like?

Single Check Scanner

Multi Check Scanner

How does Remote Deposit work?

1. Scan checks from any desktop. Using a desktop check scanner, simply scan both sides of the check in a single pass.
2. Prepare the deposit. View images of the scanned checks right from your PC. Verify the dollar amount of the check.
3. Electronically send deposit to the bank. Click SUBMIT DEPOSIT. The deposit is sent to the bank through a secure Internet connection.
4. Funds are deposited into your account. (Same day credit up until 3:00 pm any bank business day.)

Advantages of Remote Deposit

1. Make deposits anytime.
   Enjoy the convenience of making deposits electronically 24-hours a day, 7 days a week, even on weekends. (Same day credit up until 3:00 pm on any bank business day.)
2. Save time preparing deposits.
   Preparing deposits electronically is very efficient, reducing labor costs and freeing up staff for other tasks.
3. Cut courier fees or trips to the bank.
   Faster check clearing allows you to act sooner on returned checks, significantly increasing your opportunities for collection.
4. More secure.
   Multiple layers of security including password protection, Internet firewalls and 128-bit encryption, the highest level of security available.
5. Consolidate funds from remote locations into one bank.
   Check deposits can easily be made from any remote office or storefront. This streamlines your cash flow by consolidating deposits from multiple locations into a single bank.

Recommended System Requirements

Below are the recommended system requirements for optimal performance. Most people only need the scanner. Performance may vary based on system.

Documentation

1. Remote Deposit Pricing Schedule
2. Remote Deposit Brochure
3. User Guide - Remote Deposit

Contact

Call: 1-888-892-1212 or 298-8000
Email: jyoung@tennbank.com