Washington Federal - Business Banking: Online, Checking, Credit | Washington Federal

scanDeposit

With scanDeposit, you can reduce the time of preparing bank deposits and updating accounts receivable by as much as 90% while increasing efficiency with fewer manual errors.

Capabilities

Our check conversion service allows you to convert paper checks (consumer checks, commercial checks, cashier’s checks and money orders) into electronic transactions.  A small desktop scanner is used to capture the MICR line and create an image of each check.  The check information is stored and then sent electronically to the bank for processing.  Data can be uploaded into your accounting software to update accounts receivable. 

  • No need to fill out deposit slips by hand.
  • No more going to the bank to make a deposit. 
  • Deposits can be transmitted any time day or night.
  • Find out about returned items quicker.
  • Eliminate manually posting items to your accounts receivable.
  • Improves efficiency and profitability.

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