Centralized Returns

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Centralized Returns
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Business Opportunity

• Centralized Returns
• Benefits guarantee companies, checks returned
  faster.
• As a sales tool for reselling
• As part of a front-end RCK System for
  potential clients.
• Eliminates low dollar clearing.
• Internet Access
• What there? What can I do with it?

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Business Challenges
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About Centralized Returns
Whats Needed
Special endorsement stamp
Instructs check writers and/or merchants bank to
return all dishonored checks to a third bank. Our
bank will provide check imaging and a MICR file
the same day checks are received.
Important Facts
The merchants bank does not charge NSF Fees to
the merchant for the bounced checks. Merchants
can have access to check images and return
reports on-line.
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How Does Centralized Returns Work?.
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Step by Step

• Merchant receives check at the register

Check is written to the merchant and it gets
endorsed.

• Check gets endorsed with Centralized Return stamp

• Merchant deposits check to his bank for payment

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Step by Step (cont.)

• Merchant bank sends the check to the check
  writers bank for payment

• Check is dishonored at the check writers bank.

• Check writers bank re-directs checks to
  Centralized Returns Bank.

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Step by Step (cont.)

• Checks are imaged posted on the web.

• Paper checks are then sent to collection agency

• NSFdeposit.com Debits days worth of returned
  check from merchant account

• NSFdeposit.com allows merchant or collection
  agency to view or download check images and MICR
  info.

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Why Use Centralized Returns?
Benefits

• There is no training involved

• No expensive equipment necessary

• You can maintain your existing banking
  relationship

• Does not slow check-out lanes

• Save on NSF banking fees or re-depositing costs

• Clear returned checks faster

• Gain better control of your money

• Customer friendly

• Integrated RCK and Centralized Return System

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Features
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Internet Accessibility
Internet Access
Access to all of your NSFdeposit.com transactions
What's Needed?
Computer

• Account with NSFdeposit.com

Unique Password (provided by NSFdeposit.com)
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Navigation
System Main Menu
Navigation Menu
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Main Menu Navigation

• User Manager Add, Change or Delete a user name
  or password.
• Search Transactions look up a specific
  transaction.
• List uploaded files view uploaded files.
• Results view settled files.
• Combine Re-submit system re-submit multiple
  files at once, in a single file.
• Daily Returns view returned transactions
  spanning all files received on a given day or
  date range.
• View uploaded files view or re-print a file
  previously uploaded.
• Customer System look-up information or
  transaction data that your customer has
  processed.
• Fax Report reprint reversal reports or billing
  faxed to you.
• Routing Number look-up ABA/ Routing Numbers by
  name or ABA number.

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Daily Returns Combined
Summary of returns by day
Click to view report and download report by stamp
or
Click to view images
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Daily Returns by Stamp
Summary by Day and Stamp
View and download report by Day/Stamp Number
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Check Image Online
View Images
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Search Centralized Returns
Search for Return by

• Routing Number
• Account Number
• Check Number
• Sequence Number
• Stamp Number
• Location Number
• Start Date
• End Date

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Why Use Centralized Returns ?

• Returns are in your hands the same day the bank
  receives the checks back.
• 3 to 5 days vs. 7 to 14 days via regular mail.
• Verification systems are updated sooner.
• Lower returns charges.
• No expensive software for you to buy.
• Accounting for returns made easier.
• Images are stored for you or your merchant and
  are available 24/7.

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• NSFdeposit.com, Where Good Things Happen to Bad
  Checks.