Products and Services
Check Guarantee Programs
Can NCMS guarantee all the checks I receive?
This is another one of those questions NCMS is asked all the
time. In most case we can provide a very competitive program. Check Guarantee
Programs are insurance. You pay a premium to ensure that you're covered if a
problem arises. As with any type of insurance, you must comply with restrictions
and requirements so the insured item qualifies for the insurance. With checks,
the requirements vary, but normally they include recording a customer’s home and
work phone, driver's license number, age, etc. In some industries, more
information may be needed, and in others, less. If you don’t record this
information, then the item won't qualify for the insurance or "guarantee." So if
it’s returned, you have to take the loss even though you paid the premium to
insure the check!
Check guarantee programs are not right for all merchants. We offer other
solutions that might be a better fit for your business. However, if it's the
right fit, a check guarantee service can be a tremendous time saver and give you the
predictable outcome you need to run your business.
You cannot determine whether check guarantee service is right for you by
simply studying a web page. If you think this might be a service that meets your
business’ needs, please fill out a Contact Request form, and an
NCMS agent will contact you shortly. Or for immediate assistance, please
contact us toll free at 877.370.9645.
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