ExpressDeposit (Remote Deposit Capture)

ExpressDeposit allows business customers to make deposits without having to leave their offices. This is accomplished with a check scanner, PC and Internet connection. The customer captures (scans) their deposit items, producing an image file of the checks. This image file, including a system-generated deposit ticket, is then balanced and transmitted to BancorpSouth’s Image Processing Center for processing.

BENEFITS:

• Reduces the cost and number of trips to the bank
• Extends the daily deadline for making deposits
• Expedites presentment of deposits / deposited items for posting
• Consolidates bank relationships
• Advanced Intelligent Character Recognition (ICR) technology reduces the need to enter check amounts
• Report Module provides detailed deposit information
• Deposit detail may be exported in CSV format