American Remote Deposit enables you to deposit checks into your bank account electronically without ever having to drive to the bank.
How does American Remote work? Once your scanner and software is installed and training provided by American Bank, you are ready to start using American Remote Deposit.
You accept check payments from your customers and
vendors.
Using American Remote Deposit, you scan and submit those checks securely over the Internet to American Bank.
We receive your remote deposit and process the checks.
It’s that easy. The result is faster deposits and incredible convenience for you and your
business.
Why use American Remote?
American Remote Deposit results in less work, increased accuracy, reduced costs and increased profit for your business.
* Convenience ~ Eliminate daily trips to the bank as well as courier costs.
Deposits can be made 24/7. “You are always first in line.”
Remote deposit data can be downloaded into your accounts receivable system.
* Efficiency ~ Save time and money by reducing trips to the bank and avoiding overdraft fees.In addition, labor-intensive manual deposit preparation time is eliminated. Also, research timeand your storage needs are reduced through the use of the stored digital images.
* Cash Flow ~ By making electronic deposits, your transactions may be processed more quickly, making your funds available sooner. In addition, deposits can be consolidated from multiple locations into a single bank.
* Peace of Mind ~ Accelerated check clearing may reduce the risk of fraud by lowering the number of non-sufficient funds checks and allowing returned items to be identified sooner, increasing your opportunities for collection.
Is American Remote for my business? * Do you, or would you like to, make deposits after normal business hours? * Do your deposits consist mostly of checks? * Do you photocopy checks for your records? *Do you lose productivity by sending staff members to make deposits? *Are you located a significant distance from the nearest American Bank branch? *Do you have multiple business locations and maintain multiple banking relationships?
To get started using American Remote Deposit contact your American Bank branch, the American Remote Deposit sales department at 218-327-2555 or click here to complete our contact form.
Additional Features
Free online banking
Free 24 hour telephone banking
Commercial Loans
Equipment
Lines of credit
Real Estate
Online Cash Management (fees apply)
Direct Deposit or Direct Payment
Wire Transfers
Drive-up Night Depository
Notary Service
Corporate Visa® Credit Cards (subject to approval)
Merchant credit card processing
10/10 Business Checking
For Businesses with Low Volume
$100.00 Minimum Average Daily Balance to avoid service charge of $1.00 per statement cycle.
The first 10 deposit slips/credits are free of charge, $.10 charge per deposit slip/credit over 10.
The first 10 checks/debits are free of charge, $.10 charge per check/debit over 10.
The first 10 on-us deposited items are free, $0.10 charge for on-us deposited items over 10.
The first 10 transit deposited items are free, $0.10 charge for transit deposited items over 10
Additional Features
Free online banking
Free 24 hour telephone banking
Commercial Loans
Equipment
Lines of credit
Real Estate
Online Cash Management (fees apply)
Direct Deposit or Direct Payment
Wire Transfers
Drive-up Night Depository
Notary Service
Corporate Visa® Credit Cards (subject to approval)
Merchant credit card processing
Business Checking
For Businesses with High Volume
No Minimum Average Daily Balance Required.
$10.00 monthly maintenance fee.
$0.15 per check/debit.
$0.15 per deposit/credit.
$0.07 per transit item.
$0.04 per on-us item.
Earnings Credit based on average collected balance minus 3% reserve requirement. (Please ask Customer Service Representative for current rate.)
Additional Features
Free online banking
Free 24 hour telephone banking
Commercial Loans
Equipment
Lines of credit
Real Estate
Online Cash Management (fees apply)
Direct Deposit or Direct Payment
Wire Transfers
Drive-up Night Depository
Notary Service
Corporate Visa® Credit Cards (subject to approval)
Merchant credit card processing
Community Pride Checking
For Non-Profit Organizations and Community Organizations/Clubs
No Minimum Average Daily Balance Required.
No Monthly Maintenance Fee.
The first 25 deposit slips/credits are free of charge, $0.10 charge per deposit slip/credit over 25.
The first 25 checks/debits are free of charge, $0.10 charge per check/debit over 25.
The first 25 on-us deposited items are free, $0.10 charge for on-us deposited items over 25.
The first 25 transit deposited items are free, $0.10 charge for transit deposited items over 25.
Additional Features
Free online banking
Free 24 hour telephone banking
Commercial Loans
Equipment
Lines of credit
Real Estate
Online Cash Management (fees apply)
Direct Deposit or Direct Payment
Wire Transfers
Drive-up Night Depository
Notary Service
Corporate Visa® Credit Cards (subject to approval)
Merchant credit card processing
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