Electronic Check re-presentment is rapidly becoming
the method of choice for NSF check recovery for many companies
that accept paper checks for payment. GCR wants to educate finance
officers and business owners on how to maximize profits,
minimize losses and efficiently
recover NSF checks. This
new form of processing virtually revolutionizes NSF check recovery
for all businesses that receive bad checks.
Free Check Collection Service
No
Monthly or Annual Fees
No
Setup Fees
No
Equipment to Lease or Purchase
100%
of Check Amount Returned
The National
Automated Clearing house Association (NACHA) announced in March,
1998 that checks that have been returned un-paid for NSF can be
collected through the Automated Clearing House (ACH) Network,
the network that allows financial institutions to exchange
payments on behalf of business customers and consumers.