Check Representment

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Check Representment

A process in which a check is deposited as many times as is necessary in order for it to clear. That is, if a check does not have sufficient funds in the account to be deposited, the bank continues to deposit it until funds become available and the check finally clears. This allows the recipient of the check to (eventually) receive funds on a check that would otherwise bounce and saves the writer of the check from having to pay an NSF fee.
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net), has been a leading provider of secure electronic check processing, refund and rebate check fulfillment services, NSF check re-presentment, credit card processing, and ACH transfers for national, regional and local businesses through the use of the internet, telephone and wireless.
net), has been a leading provider of secure electronic check processing, refund and rebate check fulfillment services, NSF check re-presentment and ACH transfers for national, regional and local businesses through the use of the internet, telephone and wireless.
At no charge to the merchant, Re$ubmitIt recovers 100 percent of the face value of all items collected by utilizing electronic check re-presentment technology via the Automated Clearinghouse Network (ACH).
Re$ubmitIt utilizes electronic check re-presentment technology via the Automated Clearinghouse Network (ACH), to re-present non-sufficient funds checks (NSF) to a check writer's account for payment.
Businesses collect 100 percent of the face value of NSF checks and electronic items collected through the automated process, which utilizes electronic check re-presentment technology, in compliance with NACHA -- the electronic payments association -- guidelines.
ECHO's services include debit and credit card processing, check guarantee, check verification, check conversion, check re-presentment and check collection.
At no charge to the merchant, the program recovers 100 percent of the face value of these checks by utilizing electronic check re-presentment technology via the Automated Clearinghouse Network (ACH).
Re$ubmitIt, utilizes electronic check re-presentment technology, via the Automated Clearinghouse Network (ACH), to re-present NSF checks to a check writer's account for payment.
At no cost to commercial accountholders, businesses collect 100 percent of the face value of all checks collected through the completely automated process, which utilizes electronic check re-presentment technology via the Automated Clearinghouse Network (ACH).