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Select Payment's
Check Conversion™ service enables businesses to instantly convert paper checks
into ACH transactions.
A paper check is run through a scanner and instantly converted into an
electronic item. Once the MICR line and dollar amount are captured, the paper
check is ready for electronic processing.
The original paper check can now be destroyed, which effectively reduces the
risk of theft or tampering. This can reduce or even eliminate many of the costs
and liabilities associated with traditional check processing.
Check Conversion™ supports a variety of payment options, including lockbox
remittance processing, retail point-of-purchase and payment windows.
To find out more, call your Treasury Management Representative at Texas Capital
Bank or 1.877.TEX.BANK (1.877.839.2265).
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