ONLINE DEPOSITS
Online Deposits is an affordable fee-based1 service that allows you to scan paper checks from your desktop and electronically send the images to Wachovia for deposit through the Internet. This service is only available through Wachovia Business Online.
Enjoy the benefits of Online Deposits1:
- Saves time – Eliminates the need to make a trip to the branch to make a deposit.
- Convenient – Deposits can be submitted 24 hours a day, seven days a week, and deposits received by 8:00pm ET/PT (7:00pm CT) are processed the same business day.
- Easy to use – Just scan your checks, balance your deposit, and click Submit.
How Online Deposits works:
- Amount recognition technology automatically captures check amounts as they are scanned.
- Duplicate detection technology notifies users of potential duplicates.
- Online Deposits tabulates and compares the total of scanned checks to the total deposit amount entered by the user. 2
Is Online Deposits right for your business?
If any of the following applies to your business, you are an ideal candidate for Online Deposits:
- You deposit mostly checks .
- You need to make check deposits after normal banking hours.
- You have misplaced checks or delayed deposits because you did not have a chance to get to the bank.
- You spend valuable time making your deposits or pay others to make deposits for you.
- You make photocopies of your checks for your records.
Minimum Requirements
- Wachovia Business Online
- Wachovia Approved Check Scanner (purchase or lease option available)
- An internet connection with Microsoft® Internet Explorer 6.0 or higher3
- Microsoft Windows 2000, Windows XP or Windows Vista Basic Operating System with 512MB RAM (1GB for Vista Premium/Business/Ultimate versions)
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