Consolidated
Returns:
Our Consolidated Returns program can reduce your returned check bank
fee to as little as $2 per check or less, and improve your overall rate
of collection by accelerating the returns process.
Your bank may currently be charging you $5 or more for each returned
item. The Consolidated Returns process can reduce this fee by 50-80%.
All that is involved is using a special endorsement stamp for all of your
checks that is provided by us at no charge. This stamp tells the banking
system to send all of your returned items straight to our Consolidated
Returns account, bypassing your bank and their fees. We then debit the
total of all bounced checks and a greatly reduced fee once a week from
an account you designate. This saves time and effort on accounting as
well because all bounced checks are reduced to one line item per week.
Advantages of using NSF Checkup Consolidated Returns:
- Reduces returned item bank fee by as much as 80%
- Improves your overall recovery rate by accelerating the returns process
Simplifies accounting
- Lets you know quicker when someone bounces a check to you so that
you can prevent further losses by not accepting more checks from that
individual
- Ideal companion service to Check Plus Electronic Check Recovery service
- Works well if you have 1 location or 1000 locations
Please contact us at
1-866-712-0036, or by e-mail at info@nsfcheckup.com
for more information on Consolidated Returns.
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