Check goes directly to your company’s portal to hold, refuse or deposit- you control when and where it’s deposited › Stop light process
Link multiple accounts from different banks in your companies portal
Check clears the account in one day
All parties receive an electronic receipt verifying date and time of deposit
Charge per use- no monthly, tech or setup fees
Companies can white label product
If an account holder receives a check in error, they can simply reject the check. This is the same as ripping the check up and throwing it away.
If account holder isn’t sure where a check came from due to not having all knowledge of a contract, they can place a hold the check. By doing this, we provide more time for additional information to come in while avoiding adding extra steps for the user.
Account holder can accept a check and decide what account to deposit it in. When the check is accepted all parties receive an electronic receipt verifying the date and time of deposit.
Bank Shot is the only electronic check solution or earnest money app that enables the account holder to review each check prior to depositing, with its stop light process of depositing on green, holding on orange and rejecting checks on red, the latter being the equivalent of a check torn up or never presented. This assures that no transaction takes place until the account holder decides to move forward with the deposit.
3490 Piedmont Road #1350 Atlanta, GA 30305
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