Putting a 'virtual bank' right in your office

Radosevich, Reed
August 2008
Las Vegas Business Press (10712186);8/4/2008, Vol. 25 Issue 31, pP23
The author discusses the advantages offered by online depositing of checks to business enterprises. He infers that the practice of depositing checks to banks is time-consuming. He cites that the Check Clearing for the 21st Century Act (Check 21) approved by the U.S. Congress provides digital check images the same legal weight as paper checks. He details how the so-called Remote Deposit Capture (RDC) service functions.


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