What is Merchant Capture?

Merchant Capture allows High Trust Bank’s commercial customers to deposit checks from the convenience of their office. With Merchant Capture, you can now scan and electronically deposit all forms of paper checks. This includes commercial, cashiers and personal checks as well as money orders.

How does Merchant Capture work?

• With a desktop scanner and software, you create an image of the front and back of each check for deposit.
• Before transmitting the deposit, you balance the deposit dollar amount to the sum of the checks, ensuring accuracy and reducing the chance of adjustments.
• The deposit is then electronically transmitted to High Trust Bank through a secure Internet connection.

What are the benefits to you?

• Eliminates a trip to the bank and potentially waiting in line
• Reduces employee time spent out of the office making deposits
• Allows you to deposit everyday, even when a deposit is small
• Reduces the company’s liability and improves the security for you employees when they are not involved in transporting deposits
• Dual control and security procedures on deposit preparation can be customized to meet your requirements
• No expensive technical requirements
• Allows companies to consolidate banking from several regions since proximity to the bank is no longer an issue
• Remittance Capabilities
• Ability to export captured data into custom formats
• Accelerated check clearings
• Eliminates the need to photocopy checks and make deposit tickets
• Deposits can be made to multiple accounts
• You will have a permanent electronic file of all checks and deposits
• Later cut-off time

How secure is Merchant Capture?

• High Trust Bank’s Merchant Capture stringently adheres to industry standards regarding security. All sensitive data is encrypted and access requires passwords that only the customer knows.