Unlimited Check Deposits
Improve your cash flow
Remote deposit capture (RDC) can streamline your check deposit processing. Scan checks at work and enjoy same-day funds availability for all deposits received by 7 p.m. on a business day.
Drummond Community Bank offers a variety of treasury management services for every type of business. Contact us to to learn more about remote check deposit and how it can help your company thrive
Get remote check deposit for your business!
At Drummond Community Bank, our mission is simple. We strive to provide you with the very best banking services and sound business decisions all while giving back to the Florida communities we serve. To you we may just be a bank, but we’re a bank that wants to help you and your money grow. Learn more about remote capture deposit for businesses by visiting one of our branch locations in Bronson, Cedar Key, Chiefland, Cross City, Crystal River, Gainesville, Lake City, Ocala, Trenton, and Williston!
Need Help Deciding?
If it’s your first time setting up remote check deposit, or you’re unsure which cash management services are right for you, we can help. The key to making a smart financial decision begins with understanding the benefits of each product and determining which one meets your goals. Give us a call or visit your nearest Drummond branch.
Benefits of Remote Check Deposit
Remote Check Deposit offers many benefits to businesses, such as:
- Cost Reduction: Time is money, so save time by skipping multiple trips to the bank.
- Faster Access to Funds: Whereas the typical paper check is available within 5 business days, funds from RDC may be available on the same business day.
- Convenience: For businesses that receive a lot of customer payments via check, RDC makes the check deposit process much easier.
Improve Cash Flow
- Improve your Accounts Receivable Turnover Ratio
- Reduce risk of theft
- Unlimited deposits
- Deposits are processed the same business day, if received by 7 p.m.
Frequently Asked Questions:
What Is Mobile Check Deposit?
Mobile check deposit is a mobile banking tool that allows you to deposit checks to your bank account using your mobile device. Instead of depositing checks at the ATM, your bank’s drive-through window or with a teller inside the lobby, you can add them to your account from wherever you happen to be, whether that’s at home, at work or on vacation.
How Does Mobile Check Deposit Work?
Mobile check deposit works using remote deposit capture technology. When you take a photo of your check, it’s similar to scanning a photograph or document to make a digital copy on your computer.
How To Endorse a Check for Mobile Deposit
To submit a mobile check deposit, you first have to sign the back of it. This is the same as endorsing a paper check that you deposit at a branch or via an ATM. But there’s one more piece of information you have to add. On the back of the check underneath your signature, you’ll need to write the words “for mobile deposit only” or some variation, depending on your bank or credit union’s requirements. This addition is required under Federal Regulation CC. Without it, your financial institution may refuse to honor the mobile check deposit and the money won’t be credited to your account.
How long does remote check deposit take?
In many cases, your bank makes funds available to you within one business day (although you'll occasionally face holds).
Is Mobile Check Deposit Safe?
If you’re concerned about protecting your banking information online, you may be wondering whether mobile check deposit is safe to use. The short answer is that mobile check deposit is as secure as your other online and mobile banking functions.
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