Products and Services

Electronic Recovery

Electronic Recovery or Electronic Re-presentment of NSF checks ( RCK ) enables you to collect on NSF checks electronically via the Automated Clearing House (ACH). By implementing this solution, you can enhance your recovery strategies, reduce bad debt, and save operating time and money.

The implementation process is simple:

1. You or your bank forwards us your dishonored checks.
2. We image the checks and then convert them to ACH items.
3. We then use proprietary strategies to electronically present the item against the check writer’s account at the specific time funds are available.
4. Once we’ve collected the funds, we electronically credit your account 100% of the amount collected.
5. We report this to you via our real-time, online reporting system.

Faster, Higher Collection Rate

Implementing RCK is simple and fast, and its effectiveness is evident almost immediately. With our Electronic Recovery service, you can

• Speed up NSF recovery and enjoy clear rates of up to 75 percent on these items
• Get three opportunities to recover the funds since we electronically represent NSF checks twice
• Increase NSF recovery by up to 50 percent over previous methods because we strategically time re-presentments to coincide with likely customer deposit times such as paydays
• Improve money management times since banks typically process electronic transactions before paper items

Quicker Notification, Reduced Losses

RCK provides electronic notification of problem checks up to five days sooner than do traditional return-check processes.

Lower Processing Costs

RCK significantly reduces operating costs, such as bank return fees, associated with traditional returned check recovery, especially when utilizing our Consolidated Returns service. This service enables you to have all returns consolidated into one account, decreasing return check fees and account management time.

Improved Customer Goodwill

Because RCK is a less intrusive way to recover NSF items, customers may be less embarrassed about bounced checks.

Paper Re-Presentment

We can process those items that are RCK ineligible and non-ACH processable using drafts. This solution is viable for all of your returned checks.

Fee Collection

Fee collection for dishonored items is a sensitive issue for all merchants. For some, obtaining written authorization to electronically collect the fee is part of their normal business process. For others, electronically collecting is not an option, and a less intrusive approach is warranted. Some merchants decide that collecting the returned item fee is not an option altogether. Whatever your preference, we have a model that will work for you.

Still Not Sure?

If you’re not sure whether this solution is the best one for your business, 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.