RLR Management Consulting

Check 21 and Remote Deposit Capture


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Download in Adobe PDF format Check 21 and Remote Capturebrochure

RLR provides a complete set of consulting services associated with Check 21 and Remote Capture:


Check 21 Evaluations

  • Assessment and analysis of the current Item Processing environment, (processes, volumes, fees) and evaluation of Check 21 clearing options available through the Financial Institution’s item processor
  • Comprehensive evaluation of current Item Processing activities
  • Recommendations for processing (current POD process, or remote/branch capture or a combination thereof)
  • Cost/Benefit Analysis of the current POD process with Check 21 clearing and remote capture with Check 21 clearing
  • Recommendations for phasing processing and products into the current infrastructure

Branch Capture and Merchant Capture Evaluation and Implementation:

  • Evaluation of Merchant Capture and Branch Capture solutions available through the Financial Institution’s Data Processor, Item Processor and Internet Banking providers
  • Evaluation of features and functionality based on business requirements and marketplace analysis
  • Detailed cost analysis of Branch and Merchant Capture
  • Merchant Capture Implementation Management including:
    • Merchant Capture customer agreement development
    • Merchant Capture processing agreement and service level agreement review and negotiations
    • Development of Branch and Merchant Capture Risk Assessments
    • Development of Policies and Procedures
    • Integration of Merchant Capture with the Financial Institution’s Internet Banking site
    • Internet Banking authentication integration
  • Branch Capture Implementation:
    • Development of Policies and Procedures
    • Branch Capture processing agreement and service level agreement review and negotiations
  • Evaluate float table adjustment for Check 21 exchange
  • Evaluate marketplace pricing for Merchant Capture
  • Update disclosures for compliance on Merchant Capture

RLR Check 21 Toolkit

Our proprietary Check 21 toolkit delivers the ready-to-use solution needed for a successful Check 21 implementation. The toolkit includes:

  • Planning and Rollout for your Bank
  • Managing Your Vendor(s)
  • Reg CC Changes
  • Training and FAQ’s
  • Copy and Paste Forms and Templates, Notifications and Disclosures
  • Claims tracking Software with Automated Forms Printing and Audit Reporting

 

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