Xpress Redeposit is a FREE service, which allows you to accept your customers' checks with less worry. There is no equipment to buy and no set-up charges to enroll.
Without Xpress Redeposit, NSF checks are returned to you for collection. With Xpress Redeposit, NSF checks are re-presented electronically and strategically to the customer's bank account. Best of all, you receive 100% of the face value of the check! Historically, Xpress Redeposit is successful in recovering 75% of checks deemed insufficient on the first pass through the account.
You can track the status of these checks 24/7/365 from your computer. Recovered funds are automatically deposited to our account weekly.