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City National E-Deposit
No monthly maintenance fee for 6 months1
Put your money to work sooner with City National E-Deposit. Prepare and submit your deposits to City National directly from your office, according to your work schedule saving you time and money.
Simplify the process of making check deposits into your business accounts using City National E-Deposit service.
What is City National E-Deposit?
Using a specialized scanner, you scan checks and electronically send check images to City National for deposit. This service reduces or replaces your need to deliver deposits via courier or in person at a banking office, and potentially offers you additional time and cost savings. City National E-Deposit service allows you to consolidate your bank accounts into City National while improving your efficiency and cash flow.
Benefits
- Convenience
Prepare and submit your deposits to City National directly from your office, according to your work schedule. Deposits can be sent during non-banking hours, including weekends and holidays
- Reduce Expenses
Eliminate the cost of deposit courier or employee trips to the bank. And reduce fees related to multiple bank relationships.
- Improve Cashflow
Increasing deposit frequency puts your money to work sooner.
- Increase Efficiency
Scanning creates an electronic copy of each deposited check, eliminating the need to photocopy and file checks.
- Reduce Fraud
Deposit checks quickly, begin the collection process sooner and learn of returned checks faster.
How it Works
- Scan
Specialized scanners capture the front and back of each check, including the MICR line information and dollar amounts.
- Review
Checks are totalled and an “electronic deposit ticket amount” prepared for your review and approval.
- Transmit
Electronically send check images to City National – multiple accounts and multiple deposits.
Product Security Features
- Two-step log-on (User ID/Password)
- Encrypted data for secure transmission
- System disables user after specified number of unsuccessful log-on attempts
- Controlled “aging” of passwords which expire at specified intervals
Internet Security
- Ensure Anti-Virus, Anti-Spyware/Adware software reside on all your computers
- Install a firewall and only allow necessary incoming/outgoing connections
- Maintain your operating system (i.e.,Windows) and update browsers
- Do not open attachments or click on links contained in e-mail from unfamiliar sources
- Do not download freeware or shareware from an unfamiliar source
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