BancTec’s robust cheque clearing outsouring services can significantly increase your company’s operational efficiency. Our extensive domain expertise makes BancTec the premier payments processing partner – we operate business process outsourcing centres worldwide providing a comprehensive coverage to minimise clearing and payment delivery times for our clients.

We provide complete image archive and image out-clearing and in-clearing services. Our services scale to meet your changing volume needs, whether increasing or decreasing - our pricing is based on actual transaction volumes so you only pay for the services you use.

As one of only three non-bank cheque clearing organisations in the UK, BancTec expertise can deliver cost certainty and lower per-item processing costs. What’s more, we take on full clearing responsibility for our clients to improve the capacity to support your organisation’s growth. We provide a full cheque imaging platform with a secure, high volume, hosted archive where the retrieval of images can be made immediately on-line by date, codeline and amount information — and all these services are delivered to guaranteed SLA’s.

FEATURES

• The service yields fewer bad cheques, provides earlier fraud detection, fewer errors, enhanced privacy and reduced costs.
• Increased efficiencies are gained by converging all payment streams, including paper cheques, images, Image Replacement Documents (IRDs), substitute cheques, Automated Clearing House (ACH) and debit transactions.
• Images and data can be delivered via the Internet, EDI or CD.
• BancTec utilises its own transport devices that process payments at the highest throughput.
• The latest MICR and handwritten extraction services are used to reconcile cheque values.