mbc

 
Business Banking
   
Integrated Recovery®

 

 

 

Check Collection Service

 

Labor dollars associated with collecting returned checks are often as much or even more than the amount of the debt itself. Integrated Recovery®, our check recovery solution, eliminates this labor cost and many bank service fees for returned customer checks.

With Integrated Recovery®, the majority of returned checks are collected electronically. However, when it is necessary to communicate directly, our friendly and courteous staff are trained to treat your customers with the utmost respect. Our goal is to give the best service possible to assure continued customer loyalty to your company.

 
   

Collection service features include:

 

• Reduction of bank service and chargeback fee

 

• Collection rates that average between 70% and 85% for most industries

• Service provided at no cost to your business

• Online reporting system updated daily

• Credit bureau reporting and legal services are available upon request

• Verification service helps prevent accepting a bad check during the sale

• Optional check guarantee program eliminates the risk of chargebacks

........................................................................................................
 
 
 
login
  BUSINESS BANKING
Online Banking
Checking
Loans
  Debit Cards
  Order Checks
   
Monticello Banking Company
 
bullet
BUSINESS SOLUTIONS
  Cash Management
Merchant Processing
Receivables Financing
Business Leasing
  Remote Deposit
::
Check Recovery
   
Online Access Agreement | Privacy Policy | CD Disclosures | USA Patriot Act | Check 21 | FDIC Insurance Estimator
 
________________________________________________________________________________________________
FDIC EHL