Checkmate Deposit is a product that allows businesses like yours to deposit customers’ checks electronically from a computer at your location, virtually eliminating the need for deposit trips to the bank. Checkmate Deposit uses simple yet secure technology to give you more time, cost savings, and better security.
The benefits include:
Making a Checkmate Deposit is as simple as scanning a check and transmitting it electronically. Special desktop scanners create an image of the front and back of the checks you want to deposit. You can view images of your scanned checks and total amount to be deposited right from your computer. The final step is to send your deposit to West Bank through a secure online connection without ever leaving your business. Enjoy having funds available faster than ever!
To find out more about Checkmate Deposit, contact our Treasury Management team at 515-222-2300 or 1-800-810-2301.
1 Funds from all deposited checks are available on the next business day after the banking day of deposit. Please refer to your Checkmate Deposit Agreement for details.
If we place a hold to collect funds from deposited checks, funds will be available on the second business day after the date of deposit.
In some circumstances, funds from deposited checks may be delayed for a longer period, and will generally be available on the seventh business day after the date of deposit.
Please refer to the Funds Availability Notice for details.
