Electronic Re-presentment
 
What is Re-presentment?
  • Electronic Check Re-presentment is the conversion of non-sufficient funds (NSF) and uncollected funds checks into electronic items. These items are then sent through the Automated Clearing House network.
What Checks Can Be Represented?
  • Only items in an amount less than $2,500.00.
  • Items that have been returned by the paying bank no more than two times.
  • Items written 180 days or less from the date the entry is being transmitted and not post-dated items
  • Items returned for non-sufficient or uncollected funds. 
Benefits of Electronic Check Re-presentment
  • Customers in our negative database can be cleared to write checks much faster than before.
  • Collection fees for NSF checks can also be collected through the Automated Clearing House network with prior written permission.
  • Reduced costs associated with returned items.
  • Lower collection costs.
  • Integrates easily with existing operation.
  • Collected funds can be easily deposited directly into your account.

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