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Remote Deposit Capture

ASnapdeposit tube

Remote Deposit
Come experience Snapdeposit, a revolutionary deposit management tool that brings Danversbank to you and makes depositing checks a snap!  Check out the questions below; we've prepared them to help you understand just how invaluable Snapdeposit  is, and how it can help you manage your company's finances.

What is Snapdeposit?
Snapdeposit is a service that lets you make check deposits from your office or other remote location.  It's the easiest and most efficient way to turn check deposits into working capital.

How will Snapdeposit benefit my company?
The Snapdeposit system helps you:
• Enhance cash flow and working capital by making deposits of
  checks as soon as you receive them
• Make deposits anytime - 24 hours a day, 7 days a week
• Eliminate trips to the bank
• Lower account transaction and maintenance fees
• Increase employee productivity

How does it work?
Using your existing computer along with a Snapdeposit desktop scanner, you'll scan your checks, balance your deposit and transmit images of the checks to your account at Danversbank. It's simple, fast, and easy to use!

Is Snapdeposit right for my company?
• Do you receive checks from your customers?
• Do you make frequent deposits?
• Do you have an employee or courier service delivering deposits?
• Do you hold onto checks until you have a few to deposit?
• Do you manage multiple sites or offices?
• Do you photocopy checks for your records?

If you answered 'yes' to any of the above questions, please call a Cash Management Representative at 978-777-2200 to start a discussion today.  You can also visit our  Snapdeposit Frequently Asked Questions for more information. For an overview of all of Danversbank's Collection Services, visit the Collection Services page.

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