Remote Deposit Services
Image Deposit Returns
Catalyst’s Image Deposit Return Service automates the process of handling returned items from member deposits.
Returns are sent directly to Catalyst from its direct-exchange banks, image exchange networks and the Federal Reserve Bank.
Features
- Automated image delivery to Catalyst
- Elimination of paper check delivery to the credit union
- Return images, online reports and high dollar notifications on TranZact™
- Automatic re-deposit option
- Based on dollar threshold selected by credit union
- Re-deposited the day received
- Customizable reporting options
Benefits
- All returns consolidated through Catalyst in a single image file
- Faster return receipt resulting in faster chargeback to the member
- Elimination of courier costs
- Reduced potential for losses with immediate information delivery
- Elimination of manual redeposit handling
More information
To put this service to work for your credit union, email an account executive at contactus@catalystcorp.org or call 800.442.5763.
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