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CHEXpedite Electronic Check Recovery
CHEXpedite™ Electronic Check Recovery
Gets You Your Money!
When
your customer bounces a check, your bank forwards the returned check
directly to Electronic Check Recovery. CHEXpedite™ enters the
check into a database and re-submits it electronically via the ACH
network. If the item bounces again, our processing center then holds the
check until the 1st or 16th of the month for a third and final attempt to
collect.
When
the funds are collected and released, you receive 100% face value of the
check paid twice monthly.
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CHEXpedite™ Electronic Check Recovery you will never have to spend your
valuable time and money collecting bounced checks. The best
thing about Electronic Check Recovery is that there is no
collection cost to you. The customer who bounced the check
takes responsibility for the cost of collecting the funds, not you! |
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Your customer does not have to:
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Bring you a money order or cashier's check. |
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Receive a threatening collection letter. |
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Answer an uncomfortable phone call. |
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Go through the embarrassment! |
Our electronic collection process is much faster and more
convenient than any other method available, and it
will work on any bank in the U.S. and its territories.
And
now with Electronic Check Recovery, collecting out-of-town checks
has never been easier!
CHEXpedite™ Electronic Check Recovery is
a Win-Win Situation!
Your
customers will benefit, because bouncing a check is an embarrassing thing
that no one likes to handle in person. Electronic Check Recovery
handles it for them quietly. Electronic Check Recovery
notifies your customer's bank of the ACH transaction and adds it to his or
her statement.
Successful enterprises focus on their core business. Electronic Check
Recovery solves your NSF problems so you can do just that. You
can finally stop chasing down bad checks and concentrate on your
business instead.
Electronic Check Recovery will provide signage that spells out a check
writer's responsibility to honor his or her check. We provide all
the materials you need to get the program started right away.
The CHEXpedite™ Electronic Check Recovery Advantage
CHEXpedite™ Electronic Check
Recovery Works.
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Collected and released checks are paid twice monthly. |
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Checks are processed from any bank in the U.S. Federal
Reserve Banking System |
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Out-of-town checks are handled as easily as local
checks |
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Works directly with customer's bank to settle funds |
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Works for any business, anywhere that accepts checks
for payment |
The Convenience of CHEXpedite Electronic Check Recovery
With
CHEXpedite Electronic Check Recovery, you can access your transaction
reports via the Internet anytime--24 hours a day, 7 days a week. This
online real-time reporting helps you reconcile your bank account and keep
track of the money that CHEXpedite recovers for you.

Copyright ©2000, CHEXpedite, Inc. All Rights
Reserved by License. |