The introduction of an accelerated cheque clearing service, based on the transfer of images and data, launched in the UK in October 2017, and provides banks, building societies, corporates, SME’s and personal cheque users with the opportunity to apply proven image-based technology to their cheque deposits.Cheque users will still write paper cheques as they do now, but if they receive cheques then, depending on their individual bank or building society, they may be offered new ways of paying them into their bank or building society account. It will still be possible to pay cheques in at a branch counter just as now. An image of the cheque will be created by the bank or building society when the cheque is paid in and it will be this image that will be exchanged electronically through the new cheque image clearing system between the relevant banks and building societies.Additionally, if the customer’s bank or building society offers this service, as a personal or small business customer, it will be possible to image cheques received using a secure imaging tool on a mobile banking app via a mobile phone or tablet and then upload the images for paying in and processing by the bank or building society.For larger corporate or charity customers, the banks may offer a scanning facility typically using a desktop cheque scanner so that large numbers of cheques are scanned to create images, which are then uploaded to online bank for processing.The TALL Group is at the forefront of this cheque scanning or cheque imaging initiative, enabling existing and new customers to fully understand, and then implement the relevant software application and cheque scanning hardware to take full advantage of the reduced clearing cycle and remote deposit capture facilities made available by their bank.Banking Assistant is a cheque and cash deposit management system that supports customers receiving cheque payments, (and wishing to deposit cheques remotely, once the customer’s bank implements image based cheque clearing later in 2017, or early part of 2018 depending on the individual bank or building society).It combines a desktop cheque scanner to capture the image and details from the cheques with comprehensive software that uses this data to:Create and balance your batch for bankingGenerate a searchable archive of cheque data and images for the cheque scannerWith three levels of software and three cheque scanning options available you can create a Checkprint Banking Assistant system that suits your specific business requirements.Business BenefitsComply with regulationSpeed up banking processQuickly resolve queries on deposits & retrieve imagesImprove accuracy of bankingScaleable to suit your requirements
For more information and details about Cheque Imaging In Cheshire, please call our friendly team on 01928 579200 or email your enquiry to enquiries@tallgroup.co.uk and one of our specialists will will happy to assist you.
For more information on Cheque Imaging In Cheshire talk to The TALL Group of Companies