Remote Deposit Capture RSS Feed
Remote Deposit Capture Newsletter
Remote Deposit Capture Group on LinkedIn
Remote Deposit Capture Group onTwitter
The Green Sheet

Email Page 
Print Page 
 Add to LinkedIn Add to Twitter Add to Facebook Add to Reddit Add to StumbleUpon 
Add to Tumblr
Search discussion boards: 

Remote Deposit Capture Discussion Boards

The Remote Deposit Capture Discussion Boards are open to the entire industry. Post comments, share news, ask questions and more with professionals from throughout the industry.
Go back to Discussion Boards
Remote Deposit Capture Discussions Discuss the ins-&-outs of Remote Deposit Capture here. No vendor solicitations here please.
Discussion Boards > Remote Deposit Capture Discussions > Electronic Depoist View modes: 
User avatar
Member
Member
mepope2 - 2/19/2021 10:56:38 AM
   
Electronic Depoist
I am currently working on an RFP for a new client.  Included in the RFP is remote deposit using a desktop scanner, which is easy to accomodate.  Also included in the request is the following: 

Financial Institution offers electronic deposit (in addition to Desktop Deposit) -- process allowing the client to capture check images and securely transmit file to Financial Institution.  

I am not sure how this is different from Remote Deposit Capture using a scanner or mobile device.  

Does anyone have any thoughts on this that might help?
 

User avatar
Member
Member
nmoran11 - 2/19/2021 3:37:54 PM
   
RE:Electronic Depoist
Could they perhaps be referencing ICL, where they would be using a third-part solution (software/hardware) to capture and the submitting an ICL to your bank for processing? 

User avatar
Member
Member
dcherrington - 2/19/2021 4:40:07 PM
   
RE:Electronic Depoist
The Remote Deposit Capture (RDC) electronic file is typically Image Cash Letter (ICL) file of the check images that can be ingested into your core banking system or Item Processing sysem for processing the cusotmer's deposit and the check images can be sent to the Federal Reserve for settlement.  There are specific file requirements including image quality standards.  I hope this helps.  

User avatar
Member
Member
djmcneff - 2/19/2021 7:42:42 PM
   
RE:Electronic Depoist
It sounds like they are asking if they can scan to their own software and just send the ICL file to the bank for deposit processing.   
We get that question a lot more these days.

User avatar
Member
Member
danaparker - 2/22/2021 6:51:08 PM
   
RE:Electronic Depoist
It all depends on what the software can accomodate. Usually software that interacts with a mobile device (Android and IOS) is different than software that interacts with a scanner. If you are simply dealing with the images being passed, then the process is the same.

You will also have to figure out if you need to create the X9/IC file for deposit of if the Financial Institution has that covered.
 

User avatar
Member
Member
Paul - 3/10/2021 10:28:14 AM
   
RE:Electronic Depoist
If the bank is under 10 B in assets or so I would feel comfortable presuming they are referring to mobile RDC. 
 

Recent Forum Posts

RE:Electronic Depoist

If the bank is under 10 B in assets or so I would feel comfortable presuming they are referring to mobile RDC.   
Posted on 3/10/2021 10:28:14 AM


RE:Electronic Depoist

It all depends on what the software can accomodate. Usually software that interacts with a mobile device (Android and IOS) is different than software that interacts with a scanner. If you are simply dealing with the images being passed, then the process is the same. You will also have to figure ...
Posted on 2/22/2021 6:51:08 PM


RE:Electronic Depoist

It sounds like they are asking if they can scan to their own software and just send the ICL file to the bank for deposit processing.    We get that question a lot more these days.
Posted on 2/19/2021 7:42:42 PM