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white arrow Overview: PCC OTC

white arrow Features & Benefits

white arrow Background

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Paper Check Conversion
Over the Counter (PCC OTC)

Features & Benefits

  • Reduce the workload by removing paper from the process.

  • Improve returns processing.

  • Improve exception handling.

  • Speed the deposit and collection process through automation.

  • Automate the preparation of deposit tickets and debit vouchers (SF 215 and SF 5515).

  • Resubmit failed items multiple times.

  • Reduce the number of dishonored checks accepted.

  • Provide a complete electronic record of converted checks.

  • Provide an audit trail for each item.

  • Allow enhanced reporting and access to information.

  • Facilitate access to stored items.

  • Enhance reporting.

   Last Updated:  Friday May 19, 2006

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