Cole Taylor DirectConnect Remote Deposit

Would you like to make deposits and expedite check processing, while eliminating trips to a branch?

With Cole Taylor DirectConnect, distance no longer matters. There is no need to worry about traffic jams or courier delays. You can deposit your business checks from the convenience of your own location(s) and transmit the deposit via the web to the bank.

With a secure web connection and a check scanner provided by Cole Taylor Bank, your company’s authorized users simply scan and capture the images and MICR data of your U.S. dollar items (drawn on U.S. banks), and transmit that information easily and securely over the Internet to Cole Taylor for deposit. Only balanced files can be sent, reducing reconcilement issues, and the deposit information can be exported to integrate with your financial management software.

Cole Taylor DirectConnect Features:

• Easy-to-use web-based system
  • User interface options – locations, additional data fields and more
  • Virtual deposit ticket with optional location field
  • Duplicate item detection and choice of image views
  • Convenient access to deposit history and check images
• Includes bank-provided scanner hardware for each location (High speed scanner option for larger volume needs.)
• Reporting and integration with back-office accounting systems
  • Summary totals reporting as well as detailed activity
  • User defined query options for research
  • Export and upload into accounts receivable software– including keyed data fields information
• Secure
  • Multi-factor authentication for increased security protection
  • Account number masking
  • Role based user entitlements for dual control
  • Audit reporting by location and users

With Cole Taylor DirectConnect you have more time to spend on running your business.