Checks Return Item Processing provides financial institutions with a powerful online tool for managing the check returns process. With this platform, financial institutions can upload a standard ANSI x9.37 returns file and then adeptly facilitate how individual items are addressed. The tool helps you become more efficient, knowledgeable and profitable by simplifying return check handling.
With Checks Return Item Processing, you receive the following key benefits:
- Enable users to efficiently make chargeback/redeposit decisions from online screens
- Filter return items by date, return reason, customer deposit account and amount
- Produce x9.37 forward collection image cash letter files for re-presentment items
- Render chargeback notices and IRDs for charging back items that are not re-presentable