Faster availability of receivables

Even with the option to pay bills online, many consumers still prefer to pay their bills by check. ARC helps you cut the time associated with processing these checks, by converting them to Automated Clearing House (ACH) transactions.

When a consumer check arrives in your lockbox, the Automated Clearing House network processes it as a standard ACH file rather than placing it in the check clearing process. You can have ARC items flagged in your lockbox data transmission, letting you keep track of items cleared through ACH. Each original check is destroyed after 14 days, but we retain an image of the check for two years. At present, only consumer checks are eligible for conversion.