Deposit-On-Demand, also known as remote deposit capture, converts your business’s paper checks to images for deposit. Using a scanner and software, you can reduce the time it takes to create a business deposit and eliminate the need to drive to the Bank to make your deposit.

How does Deposit-On-Demand Work?

• Using your scanner, paper checks are converted to images and then electronically transmitted to the Bank
  
• Your business can access images of checks deposited at your computer for up to 18 months after contracting with the service
  
• Deposit faster with creation with character amount and legal amount recognition which reduces handkeying
  

Benefits of Deposit-On-Demand/Remote Deposit Capture

• Make deposits without going to the Bank
  
• Get more money into your account with a later cut-off time, extended to 6:00 pm (CST) 
  
• Save money on service charges associated with deposited items 
  

Would Deposit-On-Demand make sense for my business?

Deposit-on-Demand or Remote Deposit capture is a great fit if your business:

• Doesn’t handle a lot of cash
  
• Is geographically challenged (Not located near our Bank locations)
  
• Has few personnel available to take deposits to the Bank
  
• Receives checks throughout the day and would like to make multiple deposits without making multiple trips to the Bank
  
• Has higher receivable volume and want to take advantage of today’s technology and add efficiency to the deposit process
  

To get started, contact a Treasury Management Specialist or Commercial Banker. Discover the Merchants Bank difference.