Re-Presentment allows you to re-submit a check that was returned because it attempted to clear on a account with insufficient funds on its first presentment to the financial institution. Using this option, the NSF item is converted into an electronic item for the purposes of re-presentment. Benefits: - Another way to collect money due
- Additional chance to collect money
- Collection of electronic items is faster than paper items
How it Works: - You will receive the check back with NSF stamped on it
- Input the check information into the module
- The check is now converted into an electronic item
For more information regarding SNB's Check Re-Presentment services, please contact an SNB Treasury Management Representative in your area or call SNB's Business Client Services at 1.888.762.4762. |