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Harford Bank’s electronic check recovery service, Re$ubmitIt, significantly reduces the burden of collecting funds form NSF checks, while potentially doubling your recovery rate. You’ll collect more returned checks and get 100% of the face value of all checks that are collected electronically!
The Re$ubmitIt electronic check recovery service handles the collection process electronically from beginning to end, via the Automated Clearing House (ACH) network for re-presentment directly to the check writer’s bank account.
To be eligible for electronic recover, a returned check must:
Be a personal check to a business (not a business to business check) Be under $2,500 Be less than 180 days old from the date of transaction Cannot have been already submitted twice, either electronically or by paper draft
Returned items that are less than $2,500 and ineligible for electronic re-presentment are re-submitted to the check writer’s account as a paper draft, subject to eligibility requirements. Items greater than $2,500 are returned to the business.
If you have questions about the Re$ubmitIt electronic check recovery service, please e-mail them at [email protected].
Your privacy is very important to us.We would like to advise you that Internet email is not secure. Please do not submit any information that you consider confidential. We recommend you do not include your social security or account number or other specific identifying information.
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