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.


Additional Resources:

Learn more about our other Treasury Management tools for collection, which help you collect and manage payments from your customers or vendors.


* Subject to approval