Our cheque processing service is aimed at organisations with a high volume of inbound cheque payments. From charities to mail order companies, we can provide a bespoke service to meet your organisations needs.
How does it work?
With our cheque processing service, SmartDebit manages the process on your behalf. We collect your cheques using a specialist courier and deliver them straight to the central processing unit where they are processed through central clearance and made available to you, making better use of staff time and reducing security risks associated with regular banking patterns.
And what about the future of cheques?
Cheque Imaging, which is expected to roll out across the UK in 2017, is set to transform the UK payments landscape. This will replace the need to move paper cheques around the country. Instead, customers will benefit from banks and building societies being able to quickly exchange these electronically.
The Image Clearing System
This will replace the need to move paper cheques around the country. Instead, customers will benefit from banks and building societies being able to quickly exchange these electronically.
How much does Cheque Processing cost?
Our model is based on the volume of cheques that you need to process. To get a comprehensive quote, please fill out the form below or contact our Sales team.
Are you ready for Electronic Cheque (e-Cheque) Imaging in 2017?
For SmartDebit, the answer is Yes. We can help you to store your cheques electronically now and reduce disruption to your cash flow in time for the changes due to take effect on 30 October 2017, when a phased roll-out will begin.