More NewsUS Bank Launches Remote Deposit for Small Businesses

US Bank Launches Remote Deposit for Small Businesses

US Bank has launched Deposit Express, a remote deposit capture offering specifically designed to meet the banking needs of small businesses.

Deposit Express allows small businesses to scan and deposit cheques to their US Bank account from the convenience of their office, using a PC and a desktop scanner. With a few simple steps, small businesses can scan, balance and submit their deposits to the bank, without having to physically transport them to a branch. Small businesses using Deposit Express can also take advantage of later deposit deadlines, since deposits made by 10pm central time are credited on the same business day.

“What sets Deposit Express apart from other remote deposit products is its simple, streamlined interface that makes it a great fit for small businesses,” said Jeff Parker, senior vice president for US Bank’s small business segment. “Rather than relying on a ‘one size fits all’ approach, we’ve leveraged our technology and expertise behind our existing remote deposit products – which typically have been a better fit for larger businesses with more complex cheque processing needs – and we’ve designed a new solution that’s more relevant for small businesses.”

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