1. Centralized Returns

2. Business Opportunity Centralized Returns Internet Access
Benefits guarantee companies, checks returned faster.
As a sales tool for reselling
As part of a front-end RCK System for potential clients.
Eliminates low dollar clearing.
Internet Access
What there? What can I do with it?
Today we will be discussing how to increase your profits by:
Benefiting from Electronic Payment Methods
Increasing your revenue potential
Decreasing your cost

3. Business Challenges Returned Checks Fees
Increasing bank service fees for NSF checks
Delayed NSF check notification
Returned Checks Fees
NSF fees are rising steadily at 4.5%, costing on average between $ $24.75 per check.
Average time is 7-10 business days before you know that the check bounced. Versus 3-5 business days with NSFdeposit.com.
Source: Bankrate Monitor Sept. 28, 2001

4. About Centralized Returns
What’s Needed
Special endorsement stamp
Instructs check writers and/or merchants bank to return all dishonored checks to a third bank.
Our bank will provide check imaging and a MICR file the same day checks are received.
Important Facts
The merchant’s bank does not charge NSF Fees to the merchant for the bounced checks.
Merchants can have access to check images and return reports on-line.

5. How Does Centralized Returns Work?….

6. Step by Step Merchant receives check at the register
Check is written
to the merchant and it gets endorsed.
Check gets endorsed with Centralized Return stamp
Merchant deposits check to his bank for payment
FOR ACH PROCESSING

7. Step by Step (cont.)
Merchant bank sends the check to the check writer’s bank for payment
Check is dishonored at the check writer’s bank.
Check writers bank re-directs checks to Centralized Returns Bank.
NSF

8. Step by Step (cont.) Checks are imaged & posted on the web.
Paper checks are then sent to collection agency
NSFdeposit.com Debits days worth of returned check from merchant account
NSFdeposit.com allows merchant or collection agency to view or download check images and MICR info.

9. Why Use Centralized Returns?
Benefits
There is no training involved
No expensive equipment necessary
You can maintain your existing banking relationship
Does not slow check-out lanes
Save on NSF banking fees or re-depositing costs
Clear returned checks faster
Gain better control of your money
Customer friendly
Integrated RCK and Centralized Return System

10. Features Increase checking writing privileges for your customers.
Unique endorsement stamp for your store
Increase checking writing privileges for your customers.
View the returned checks on-line …no waiting in the mail for NSF check statements
Guaranteed results.. No risks involved
Concise reporting on-line in real time

11. Internet Accessibility
Access to all of your NSFdeposit.com transactions
What's Needed?
Computer
Account with NSFdeposit.com
Unique Password (provided by NSFdeposit.com)

12. Navigation
System Main Menu
Important Messages
Navigation Menu

13. Main Menu Navigation
User Manager – Add, Change or Delete a user name or password.
Search Transactions – look up a specific transaction.
List uploaded files – view uploaded files.
Results – view settled files.
Combine Re-submit system – re-submit multiple files at once, in a single file.
Daily Returns – view returned transactions spanning all files received on a given day or date range.
View uploaded files – view or re-print a file previously uploaded.
Customer System – look-up information or transaction data that your customer has processed.
Fax Report – reprint reversal reports or billing faxed to you.
Routing Number – look-up ABA/ Routing Numbers by name or ABA number.
Click to Enter
Centralized Returns

14. Company Name and Number of Items Returned – Total number of returns
Daily Returns (Combined) – summary of daily returns within a given date
Daily Returns (by Stamp) – summary of daily items returned by stamp number within a given date
Search Centralized Returns – look-up for centralized return by account number and routing number
View Images – check image feature for all returns
Centralized Returns RCK (Combined) – entry to the RCK processing system within a given date
Centralized Returns RCK (by Stamp) – entry to returned transactions spanning all files received on a given date by stamp number
Centralized Returns RCK (by Stamp w/ Data Entry Mode) – entry to the RCK processing system within a given date by stamp with data entry
Main Menu – return to the system main menu
Left Hand Navigation
This is a test customer

15. Daily Returns Combined
Summary of returns by day
Click to view report and download report by stamp or
Click to view images

16. Daily Returns by Stamp Summary by Day and Stamp
View and download report by Day/Stamp Number

17. View front and back of check image Confirm check amount and date
View Images
Check Image Online
View front and back of check image
Verify check number
Confirm check amount and date

18. Search Centralized Returns
Search for Return by:
Routing Number
Account Number
Check Number
Sequence Number
Stamp Number
Location Number
Start Date
End Date

19. Why Use Centralized Returns ?
Returns are in your hands the same day the bank receives the checks back.
3 to 5 days vs. 7 to 14 days via regular mail.
Verification systems are updated sooner.
Lower returns charges.
No expensive software for you to buy.
Accounting for returns made easier.
Images are stored for you or your merchant and are available 24/7.

20. NSFdeposit.com, Where Good Things Happen to Bad Checks.