Collection & Deposit Gathering
We offer tools and services designed to help you speed up collections and mobilize your cash.
- Remote Deposit Services: TCF's remote deposit services permit you to deposit checks without leaving the office and extends the deposit cutoff time for a longer processing day. Deposit details can be downloaded to account receivables systems, enhancing the reconciliation process
- Wholesale Lockbox: Outsource the collection of receivables to TCF
- Automated Clearing House (ACH) Debit Origination: TCF's ACH services allow you to collect regularly scheduled payments due to you quickly, accurately and predictably, while lowering collection costs
- Wire Transfer Reporting: Receive same day electronic notification of incoming wires
- Deposit Reconciliation: Track your deposits by location and have your funds concentrated to a single account automatically
- Zero Balance Account: Consolidate deposits into your main TCF operating account from related TCF accounts