Direct Merchant is often referred to as remote deposit capture. This service gives you the ability to deposit checks from the convenience of your office. This service is not only convenient; it can save you time and money by limiting the trips necessary to make your deposits.
There is no equipment to buy. We assist you in installing a small check imaging device. System requirements:
Operating Systems Supported: Windows XP (SP2 or above)
Windows 7 (32-bit)
(Windows 7 64-bit coming soon)
Check images are captured and securely transmitted via the Internet to Welch State Bank using 128-bit encryption. You retain the original scanned checks for 90 days then destroy them. The deposit will be credited in accordance with our Funds Availability Policy. Typically you get same day credit for deposits made before 5:00 pm.
Important Note: You cannot deposit cash via Direct Merchant. There may be fees associated with use of this product. Welch State Bank provides the scanning device and retains ownership in the scanning device for the length of the service.