A Common Practice: Check by Phone through ACH in USA

In ordinary language what is known as Check by Phone, is a way of depositing a check to your bank account, from a remote location (also known as Remote Deposit) without any requirement of physically delivering the check at your bank branch. This facility is now common in United States. There are various methods available for deposit of checks into a bank account. There are third party service providers who assist with the remote deposit facility, for a minor charge. Some people have confusions that it’s same as Direct Deposit Facility or Online Deposit Facility. But actually it’s different and has nothing to do with these deposit facilities. This is something new and different. Direct Deposit helps an employee to get his weekly earnings directly into his/her bank account. Online Deposit helps a retail bank client to record his check through some online web application provided by the bank. This way the check is posted and later it has to be physically mailed to the bank. This way the customer receives a benefit of access to funds earlier, then the time it takes to get the check cleared. 

However, Check by Phone Software is something different where the customer needs to scan a digital image of the check on his/her computer system, and then send the scanned image to bank for processing. Several banks have developed such remote deposit software which the client needs to use. If you are unable to do it yourself, then you may hire services of some reputed companies like Seamless Chex, which is based in New York, USA. Mostly this service is used by businesses throughout the United States, especially in New York. When you want to get your checks cleared on phone, by hiring the services of companies like Seamless Chex, you will need to deliver information such as Customer/Company Name, 9-Digit Routing Number, Customer/Company Address on Check, Account Number and Agreed Amount. An alternative to Check by Phone is Check by Fax where the client needs to send the information through fax instead of a phone. There may be some minor changes in rules while getting your check cleared through phone in comparison to getting your check cleared by fax. You need to confirm it with the bank or the service provider.

There is one more option still available known as Online Check Processing, also known as Electronic Check Processing or eCheck Payments. With the help of the Electronic Checks you don’t need to go to your bank repeatedly to physically deliver the check(s). Also the processing cost is reduced when you use electronic checks. Repeated trips and reduction in processing costs through the eCheck Payments saves your money. For business purpose this facility is excellent. Your customer only needs to give you their payment details over phone, email or fax; and this is very convenient for you as well as your clients. This payment method is also very safe and secure because the electronic checks are processed through ACH Network, in order to transfer money to your bank account. Even the Check by Phone services uses the ACH Network and that’s also safe and secure. 

Do you see the advantage of technology in the banking sector? It has made people’s life easier than 15-20 years from now. This is no less than a gift for the existing human generation. These facilities work faster, costs less and convenient for doing business with comfort. At any point of time, suppose you face problems in understanding how things work, then you can contact the reputed and genuine companies such as Seamless Chex and their entire team would assist you with your issue. The company is licensed and authorized to deliver financial and banking services to Citizens of United States.