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Electronic Check and ACH Recovery delivered by. Checkmarc Features. FREE service provided by the bank. No equipment or software to purchase. No contracts, set-up fees or per check charges. You receive 100% of the face value of the recovered bad checks.
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Checkmarc Features • FREE service provided by the bank. • No equipment or software to purchase. • No contracts, set-up fees or per check charges. • You receive 100% of the face value of the recovered bad checks. • Eleven year performance: worst month - 71% recovery rate best month – 92% recovery rate.
Checkmarc Benefits • Huge increase in recovery of returned items (50%+ increase). • Maximize customer retention as a result of non-confrontational recovery experience. • Increased check recovery means more cash flow. • Email or fax notification of returned items and recovered items / payments. • Checkmarc website for every merchant to view check images and status. • It is FREE!!!
Checkmarc Recovery Process Merchant Deposits Checks Check is Dishonored Notification to Merchant 2nd Optimized Presentment 3rd Optimized Presentment Traditional Recovery Recovery Fee – Drafted from Bad Check Writer Funds Recovered & Merchant Notified Funds Deposited to Merchant Account
Summary • Vision Bank-branded FREE new service for merchant clients • Concentrate on your business and leave check recovery to the experts • Receive 100% of recovered funds • Enjoy increased cash flow from recoveries • Stay abreast with great reporting and web tracking NO CAPITAL OUTLAY – Free really means Free YOUR BUSINESS