The daily dash to the bank to deposit a stack of checks is so 1980s! Waiting in long lines, the danger of losing the paper checks and the loss of valuable time are old business practices, and not the most practical way to get the money in the bank anymore.

Remote Deposit Capture (RDC) is the process by which a check is scanned and a digital copy of the check is sent to the bank electronically. Businesses can make deposits from their own offices, using their computers, scanners and remote deposit capture software, or by employing a third party to do it for them. The bank receives the digital check almost immediately; the bank can then send digital copies to the other banks to verify the funds and make the appropriate withdrawals and deposits, or produce an image replacement document (IRD).

The benefits of RDC for companies – from small to large – are many. Deposits are more convenient, since they’re made from the office rather than a trip to the bank. For example, a small advertising agency may only get one or two large checks in a month. They would have to wait for the mail to arrive and have the check at the bank before 2:00 p.m. in order to have the deposit credited that day.

With RDC many banks have extended the time by which deposits must be made for the day; instead of 2:00 pm, many banks now allow deposits to be counted for that day until 5:00 or 6:00 pm. There is also reduced cost and risk connected to driving the checks to the bank, especially for larger companies which often hire a courier service or armored car.

To find out more about RDC go to, a one-stop resource visitors can learn about RDC and available products.