eCheck Payment Solution

The eCheck Payment Solution is a ‘checkwriting’ product that allows the corporate customers to completely outsource the administrative task of processing, printing and cutting of checks.

Features:

• Outsourced Check Printing

The tedious process of check preparation will be eliminated from the company. Check payment details will just have to be uploaded through the RCBC Enterprise Banking Internet Facility, at least a day before the value date of the MC.

• Convenient Release of Checks

The MC/s will be released at the RCBC branch to the company’s authorized representative, or may even be released directly to the company’s payees. RCBC will have the MCs available for release by 2pm on the value date of the MC.

• Wider Network for Release of Checks

RCBC has numerous branches nationwide designated to release the MCs. Client may select which branch/s is strategically located to release the MC.

• Up-to-Date Reporting

Status of the requested MC/s will be reflected in the Enterprise Banking Internet Facility. Available MC status will be as follows: For Pick-up, Claimed, and Negotiated.

Benefits:

• Time-saving
• Off-load non-core functions
• Increased efficiency