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 > Handling "On-site" Inspections for out of State Customers View modes: 
User avatar
Member
Member
phyredansor - 4/28/2020 5:23:16 PM
   
Handling "On-site" Inspections for out of State Customers
I'm curious how and if anyone is forgoing "On-site" inspections for customers that have locations out of state (and in some instances many states away) that are using RDC. We've added an "out" in our policy that states that if it shall be burdensome to perform, and they rate below "high" risk based on other metrics, we will acknoweldge the limitations of staff and forgo the on-site. Trying to get a gauge within the industry if anyone else does the same, or has come up with an alternative method of handling. 

Thanks!

Recent Forum Posts

RE:New R/T needs to be added to validation tables

I do not believe this is Bancorp's issue to resolve since it's been pointed out that this routing is already showing in the fed table. But unfortunately, many sending banks only update their fed file once a year, if that. Even established banks! I would recommend you call Santander (or w...
Posted on 9/3/2020 8:56:02 PM


RE:RDC Indemnity

tgavin, we are tracking an increase in attempted fraud for the FinTech channels.  The attempted duplicates, bad checks, tends to run .33% for traditional banks and 2.67% fo FinTech... definitely important to guard tighter when running FInTech portfolios.    
Posted on 8/28/2020 9:17:59 AM


RE:ACH Addenda Info

I assume that they are looking for EDI translation of CTX files. This is when one remittance covers 100’s of items. The info is usually only in machine-readable form. We have a product via ACH Alert but it is expensive. The Fed may be the best source for them. I would suggest they touch bas...
Posted on 8/25/2020 4:26:10 PM