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Benefits
- Teller Capture interfaces with many of the core processing systems credit unions use. Presently it is
compatible with the following platforms, and more are in development: Symitar, Getronics, Fiserv
and Harland
- The capture process takes place while the teller is performing the transaction; not after the transaction
is completed
- Check MICR validation occurs at the time of the transaction
- Reduces teller key strokes
- Balancing is simplified as tellers balance at the transaction level and end of day
- Transactions can be verified at the point of deposit while the member is present, minimizing research and adjustments
- Because scanning and balancing occur at the transaction level, end of day balancing is simplified
Features
- The teller’s workstation scanner is automatically activated when check deposits are initiated
- When the check is scanned the CAR/LAR feature ensures accuracy of the “courtesy & legal” amounts
- The Teller Capture interface transmits the account information and dollar amount to the credit
union’s core processing system
- Once the teller “accepts” and “posts” the transaction, the electronic deposit is forwarded to the
consolidator component
- The consolidator warehouses the transactions until they are scheduled for release. The balanced
transactions are then transmitted to Southeast Corporate for collection and archival.
- Credit unions determine their own release allowing adequate time for potential adjustments to
the deposit
- Credit unions have the option to narrow the consolidator time window to allow for a more “real time” batch and release process
- Batch and EOD (end of day) receipts are emailed for balancing
- Shared branch items can retain true Bank of First Deposit
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