#1
June 10th, 2016, 11:46 AM
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Electronic Check Bank Of America
Hello sir is there any one can provide me detail of electronic check in Bank of America? Also provide me benefits of bank of America of electronic check?
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#2
June 10th, 2016, 11:48 AM
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Re: Electronic Check Bank Of America
The bank of America is provides electric check for to pay online bill. TeleCheck Electronic Check Acceptance is the industry’s most sophisticated check acceptance system. With two options, Verification and Warranty, candidates are able to accept more checks with greater safety and protection. The Verification solution screens checks against information from hundreds of thousands of businesses and financial institutions, minimizing the risks associated with check acceptance. Benefits include: Improved cash flow due to faster funding Reduced number of trips to the bank Reduced bank fees and processing costs Streamlined back-office information Features of TeleCheck ECA include: Verification option Instant verification of check reduces the risk of fraud Electronic conversion at the point of sale Transaction processed through the Automated Clearing House (ACH) Warranty option: Funds deposited into your bank account in a timely manner Simpler reconciliation Check-writer support (services prodided by Telecheck®) Access to extensive check-writer negative and activity databases for up-to-date check-writer information Bank of American electric check brochure for verification |
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