Electronic Deposit

Process and make your deposits without leaving the office! With The Callaway Bank's new Electronic Deposit Program, your banking just got easier.

How it Works

The Electronic Deposit program is effortless to use. You place your checks for deposit into the desktop check scanning machine, and key in the total deposit amount. The scanner then processes your checks by scanning both sides of each check. It also endorses them as they are scanned saving you another manual task.

As each check is scanned, the software reads the amount, check number, routing number, and account number electronically. With the use of Inline Image Quality Analysis technology, the software is able to read, with a high degree of accuracy, the written amount of the check. If the software is not sure what that amount is, it will flag the check to be verified manually.

Once all of the checks are scanned, the software looks for duplicates by comparing previous deposits with the current one. Upon the software verifying all checks, the user then clicks the submit button and the system securely transmits an encrypted deposit file to the bank.

Your deposit record is now stored on your computer, complete with front and back images of all the checks. Researching a past deposited item only takes seconds instead of days. You can research an item by a date, check account, number or amount.

Within minutes, you have easily created a deposit, verified the totals, sent it to the bank, and imaged all of your checks for your records. The Callaway Bank’s Electronic Deposit program increases your productivity in so many ways, you’ll wonder how you banked without it.

How Electronic Deposit Can Benefit Your Company

• Flexibility: Electronic Deposit is available for consumer and commercial checks. Multiple business locations can deposit directly into one main account, even your out-of-town offices
• Convenience: Eliminate driving to the bank and waiting in lines. Instead, just scan each check and let Electronic Deposit total, archive and securely process each check.
• Access: Your funds are available more quickly than with a traditional paper deposit.
• Record Keeping: No need to waste time calling the bank and incurring research fees. You’ll have an on-site image archive of all your deposited checks, which makes customer research quicker and more effective.
• Ease: We'll come to your office, setup the system, and train your staff how to use it. The program is easy to use and maintain, and we're always available to help.
• Extended Deposit Time: Make deposits throughout the day, up until 5:00 p.m.
• Efficiency: It takes your employees’ valuable time to make copies of checks and prepare deposit slips. With The Callaway Bank’s Electronic Deposit, you won’t waste time — even if you have a large volume of checks.
• Compatible: Electronic Deposit works on most newer computers. All you need is the Windows XP operating system with 512MB RAM, a USB 2.0 port, and high-speed internet access.

Why Other Systems Are Not the Same

When choosing a remote deposit system be mindful that they are not all designed the same. Older systems that use ACH (Automated Clearing House) conversions have more restrictions and less flexibility than The Callaway Bank’s Electronic Deposit. Our system is literally state-of-the-art to give you the safest and quickest process to collect your funds.

Free Demonstration