Using a PC, scanner, and an internet connection, daily checks received at your business can be scanned and sent electronically for deposit to Quontic specifically. As checks are received and batched at your business, an operator logs in to WEBDeposit and turn on the scanner. The operator places a batch of checks into the check scanner feeder, enters a controlled deposit total amount, and clicks the “Proceed” button.
As the system captures the checks, it creates check images, validates image quality, determines the check amount, verifies the routing/transit number, analyzes the check data to determine possible duplication, and determines if the check is a foreign item.
Following the capture of the items, the operator is prompted to key in any check dollar amounts that were unable to be read as well as rescan or remove items that fail one or multiple quality tests. Following the item correction, the deposit is then balanced by reviewing items, adjusting item amounts, inserting or deleting items, or by fixing the deposit total.
Once the deposit is balanced with the control total it can be submitted electronically to the bank. Checks you transmit can be stored for a fixed period of time for research purposes. The check images received at Quontic can be processed electronically, or an image replacement document (IRD) is printed and sent to the paying bank.