Banks make a lot of money from Merchants Accounts for bounced check. Fees can range from $3.00 to as much as $25.00 and banks encourage merchants to redeposit bounced checks. Using Encore Worldwide Financial to process returns is very easy not only to you avoid the high bank fees but you get a jump on the recovery process with Centralized Returns, which cut your first-bounce fees up to 50% and reduce "time-to-know" to as little as 72 hours

Centralize Your Return Accounting With Encore' Worldwide Financial
If you are currently reconciling statements from more than one bank, Centralized Returns is for you. Many larger companies spend countless time and resources reconciling returns from a dozen or more banks. But by using our process, all returns will come to you on a single statement from Encore'.

Centralize Your Return's and Save Money and Improve Collections
In addition to bank charging high return fees, paper checks can take up to 14 days to be returned. Electronic Returns gets you're faster into the collection process and stop multiples check writers.