Oklahoma Bank Finds Imaging PATH Lined with Savings

May 2004
Bank Technology News;May2004 Supplement, Vol. 17, p8
Trade Publication
Discusses the transition of Local Oklahoma Bank to check imaging and truncation. Elimination of costs associated with trundling checks between automatic teller machines, branches, corporate depositors and the bank's central processing facility; Net benefit of imaged check clearing; Financial experience with check imaging and electronic check presentment; Plan to convert image check files to substitute checks for downstream correspondents using a print capability.


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