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Discussion Boards > Remote Deposit Capture Discussions > Remote Deposit Capture & Money Orders View modes: 
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mhelbling - 7/8/2008 2:06:49 AM
   
Remote Deposit Capture & Money Orders
Hello,

We are encountering issues with a property management firm that takes money orders from their tenants for payment. With this type of client, 85-90% of the items they receive are money orders. The majority of the items have very light printing for the dollar amount. When you look at the scanned image, you can see the money order clearly, however the dollar amount is non-legible meaning the amount has to be key entered. These money orders are sold from various vendors--WalMart, 7-11, etc. so it would be difficult to contact them telling them their ink needs to be darker.

Has anyone had a similar experience and how do you deal with these items? Is there any rule or regulation that requires the dollar amount to be legible? Are we taking a chance accepting the item without the dollar amount clearly visible on the face of the image?

Any guidance or assistance would be appreciated.

Mary

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nennis - 7/8/2008 2:11:57 AM
   
Re: Remote Deposit Capture & Money Orders
We are having the same issues with Money Orders; the ink is unreadable and the thickness of some of the Money Orders will not go through the scanner.  We have offered to pick up those items as a courtesy to our customer.  Any one have a better solution.

Nancy Ennis
Huntington State Bank
Lufkin, TX

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Strawman - 7/8/2008 6:15:49 PM
   
Re: Remote Deposit Capture & Money Orders
What are the scanner brands and models associated with your paper handling and image quality problems with money orders?

Also, what are image capture and processing conventions per your software vendor?  Who is the software vendor?

How is the raw scan capture being mediated?  Is it a color image image lift, a grayscale image lift, or a rudimentary raw bitonal image lift.  How are the images being handled and processed by the software in question.

As a general statement, many RDC providing banks have selected hardware with little regard to distinguishing the technical nuances that distinguish a mediocre scanner from a superior prioduct.  And lots of software RDC software has been programmed by people with little awareness of both image properties and proper processing technques.


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maura - 7/8/2008 10:26:04 PM
   
Re: Remote Deposit Capture & Money Orders
Hello,
I would like to know if there are any banks out there that have a remote deposit capture system that can process money orders that work with CAR/LAR.  I also have a large property management company that accepts a lot of money orders but they are very unhappy that they manually have to enter dollar amounts.

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Site admin
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ed.mclaughlin - 8/19/2008 9:12:14 PM
   
Re: Remote Deposit Capture & Money Orders
Is anyone aware of any improvements in the ability to read money order: CAR/LAR?

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tladd - 7/23/2010 5:05:16 PM
   
RE:Re: Remote Deposit Capture & Money Orders
nennis wrote: We are having the same issues with Money Orders; the ink is unreadable and the thickness of some of the Money Orders will not go through the scanner.  We have offered to pick up those items as a courtesy to our customer.  Any one have a better solution.

Nancy,

What type of scanner are you using?  Some scanners have settings that can be adjusted to accommodate lighter ink and thicker items.  The settings in the scanner we use are adjusted via .ini file.

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Ed - 7/26/2010 9:53:05 AM
   
RE:Remote Deposit Capture & Money Orders
The issue with money orders has been a problem with RDC from the very beginning. The quality of the ink (how fresh is the cartridge) and the color of the ink are designed to make it difficult to copy (or scan). This has been an issue that has been raised to the money order manufacturers. There are some adjustments that can be made to the scanners through their API (Application Programming Interface) by the RDC vendors for sensitivity but the results are still not good in my experience.

I am not a lawyer (and you  should/need to consult your own counsel) but technically, as I understand it, settlement is on the Check 21compliant image and not on the data. So, the paying institution would have the right to return the item so it is important that the original be stored and easily retrieved if necessary. It would be great if the Money Order Manufacturers could encode the amount in the MICR line similar to the Traveler Check vendors. Does anyone know (FSTC)  if this has been looked at or discussed with Money Order Manufacturers?

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