Improve Collection Process

Retail Owners, and Collection Agencies can simplify and improve their collection process by replacing traditional method of collecting returned Non-Sufficient Fund (NSF) checks with EFT Network’s Electronic Check Re-Presentment (RCK).

RCK is the conversion of a paper check returned and marked NSF (or uncollected funds) from a bank into an electronic check for presentment through the Automated Clearing House (ACH).

• Yields a 25-35% higher rate of recovery than paper checks
• Saves time and money in the costly collection process, as well as bank redeposittransaction fees
• Virtually eliminates the expense of lost revenue due to NSF checks
• You will know in days if a check has been paid or returned
• Electronically re-presentments to coincide with likely consumer deposits
• Increases recovery rates