BUSINESS BANKING

CHECK COLLECT


Check Collect is a service that assists your business in recovering checks that have been returned to you because of insufficient funds. Recovery efforts can be monitored online. Save your time and money by reducing collection efforts. Maintain good customer relations by avoiding awkward situations with good customers. BSV’s Check Collect agency acts as an impartial and private third party. Below you will find a list of features of this service.

Features


  • Returned NSF checks are routed to BSV’s recovery agency.
  • Multiple attempts will be made to collect the check.
  • You can view a summary of items in process of collection online.
  • Recovered checks are credited to your business on a weekly basis.
  • Items that cannot be recovered are returned to you.
  • You pay the Return Item fee, but no monthly fee for Check Collect.