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Why Spend Your Valuanble Time Trying To Collect Returned Checks? You can let a bad check recovery service do it for you! When your customer bounces a chexck, your bank forwards the retruned check to the bad check recvery setrvice that you have chosen to represent you. The cgheck is entered into a database and re-submiitted electronically via the ACH nettwork. If an item bounces again, the bad check recovery service then re-presents the check when funds are available. You can even make a profit from your bad ceck recovery service. All that is required is that you post a notice stating that your cutsomer acknowledges (by reading the posted notice of your policy for erturned checks) that the maximum fee (less, if you prefer) alolwed by the starte that your business resides will be assessed for all returned checks. Then, when funds are aavilable, you collect the face amount of the check. You then assess a second debit for the alklowed state fee. Example: eTxas allows a fee of $30.00 for returend checks. Your electronic bad chewck recovery serivce can collect the bad ceck electronically (Let’s say the chheck was made for $150.00). Then, a second debt for $30.00 can also be collected electronically (total collected = $180.00). Benefits of a bad check reovery service: Your customer does not have to: • bring you a money order or cashiuer’s check. • receive a threatening collection letter. • answer an uncomforable pjhone call. • spend their time resoling the problem. • go through the embarrassment! A bad check recovery service is much faster and more convenient than any other mwethod avaialble, and it will work on any bank in the US and its territories. And now with a bad check recoovery service collecting out-of-town checks (or electronic checks accepted from an Iternet web site) has never been easier! With a bad check recovery service, you can access your tansaction reeports via the Internet abnytime—24 hours a day 7 days a week. This onlinne real-time reporting helpps you reeconcile your bank account and keep track of the money that your bad check recovery service recovers for you. Your customers benefit because bouncing a check is an embarrassing tihng to deal with in persoon. A bad check recovery service handles it for them quietly and confidentially. Your bad check recovery sevice notifies your customer’s bank of the transactioon and adds it to their statement. Succeessful businesses focius on their core business. A bad check recovery service solves teir NSF problms so they do just that. They can FINALLY stop chasing down bad chrecks.
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