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Business Remote Deposit Capture (RDC) vs. Business Mobile Remote Deposit Capture (mRDC)

Business Remote Deposit Capture (RDC)

Business Mobile Remote Deposit Capture (mRDC)

Best Suited For

Mid to Small Businesses with a HIGH quantity of checks and/or multiple remote locations that are not in close proximity to a NewDominion Bank branch

Mid to Small Business with a LOW quantity of checks and have a remote location not in close proximity to a NewDominion Bank branch

Recommended Weekly/Monthly Item Count

Limitless

No more than 15 checks per week / 3 checks per day

Fee

$50 per scanner, per month

OR

Qualified clients in the Inspire Business Checking account will receive a scanner free of charge

$15 per user, per month

OR

Qualified clients in our Journey Business Checking and Inspire Business Checking accounts will receive one user free of charge

Additional Details

All potential Business RDC clients will be asked to provide 3 months’ worth of bank statements so proper analysis can be conducted to determine deposit amount parameters

Treasury Services Management reserves the right to limit your daily transaction dollar amount. Current parameters allow up to $10,000/per day in total deposits. All potential MRDC Business clients will be asked to provide 3 months’ worth of bank states so proper analysis can be conducted to determine qualification for mRDC.

  

Learn More

Learn More

Additional terms and conditions or fees may apply to the products and services described. Please contact us or visit one of our branches for full account details. Services described are subject to approval. 1Data connection is required. Availability may be affected by your mobile carrier’s coverage area. Your mobile carrier’s message and data rates may apply. Consult your wireless plan or provider for your specific plan details