Since 1998 we have been the leading bulk cheque clearing solution for organisations of all sizes. Every year we process more than 10 million individual cheques for our customers.
Who is it for?
Cheque processing is a service 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 needs.
How does it work?
With our cheque processing service, SmartDebit manages the process on your behalf. We collect your cheques using a secure service 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?
The Cheque & Credit Clearing Company, the governing body for UK cheques is preparing for a move to imaging (Called the Image Clearing System) which will remove the need to move paper cheques altogether. SmartDebit are ready to transition Customers to imaging.
The Image Clearing System
The proposed new method will revolutionise how cheques are cleared in the UK. It will mean that cheques will be cleared using a digital image of the cheque rather than via the current paper-based clearing system where the actual paper cheque is transported around the country to be cleared.
How much does Cheque Processing and Electronic Cheque Imaging 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