Get more of the money you're owed - without more work
with ReSubmitIt® electronic check recovery service.
This free service uses proven electronic re-presentment technology to help you collect more money from NSF checks, while you spend less time and resources on the collection process. With ReSubmitIt®, you get 100% of the face value of all checks collected, and there are no set-up fees and no equipment to buy.
Here’s how it works:
- Instead of returning NSF checks to you for collection, STAR Bank automatically sends them to the ReSubmitIt® check processing center, where eligible checks are re-presented electronically and discreetly to the check writer's bank account. Historically, ReSubmitIt® collects 70-75% of these checks.
- Once the funds are collected, you get the full face value of the check, which is automatically deposited into your bank account.
- You spend more time serving your customers, and less time making phone calls and sending letters. You can even track the status of your checks online.
If you have any questions about the ReSubmitIt® electronic check recovery service, please contact a business banker or email ReSubmitIt®.