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Paper Check Conversion Over the Counter (PCC OTC)
Features & Benefits
- Reduce the workload by removing paper from the process.
- Improve returns processing.
- Improve exception handling.
- Speed the deposit and collection process through automation.
- Automate the preparation of deposit tickets and debit vouchers (SF 215 and SF 5515).
- Resubmit failed items multiple times.
- Reduce the number of dishonored checks accepted.
- Provide a complete electronic record of converted checks.
- Provide an audit trail for each item.
- Allow enhanced reporting and access to information.
- Facilitate access to stored items.
- Enhance reporting.
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