Take advantage of the latest technology to streamline your deposit process. You can improve your funds availability and eliminate trips to the bank by depositing checks electronically, at any time of day, without ever leaving your office.
How It Works
Pinnacle’s treasury management team will work with you to choose a compact check scanner model that works best for you based on your needs. Authorized users access the system via a secure internet connection, select the account to deposit into, and simply scan the checks for deposit. As checks are fed through the scanner, it reads the Magnetic Ink Character Recognition (MICR) line at the bottom of the check and the amount of the check. The scanner simultaneously captures an image of the check. The check images may be viewed on the screen for image quality and verification. The scanned images are then submitted electronically to Pinnacle for deposit, therefore, eliminating a trip to the bank. You will maintain the original checks and destroy them following a defined retention period. Pinnacle maintains an archive of all scanned images for a period of seven years.
Pinnacle is dedicated to providing clients with distinctive service and effective advice. We do everything in our power to protect our clients from fraudulent activities through online services. Here are some things you can do to protect yourself.
For more information about our services, call your Pinnacle financial advisor or contact one of our treasury management advisors.