Centralized Returns Processing

First PREMIER Bank

Consolidate Returns for Faster Processing

Streamline the processing of returned items to create new operating efficiencies.

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The Basics

Managing returns and rerouting for payment is an arduous and costly process. First PREMIER Bank enables companies with multiple banking relationships to consolidate check returns to a single bank. This streamlines the returns process, and can result in an improved potential rate of collection on returned items. It also reduces routing delays, returned check fees and administrative overhead.

The Benefits

  • Consolidate unpaid and returned checks to one bank
  • Great for companies without collections expertise
  • Perfect for companies with multiple banking relationships
  • Reduce routing delays and returned check fees
  • Improve payment and collections efficiency
  • Improve funds availability
  • Potential increased rate of collection on returned items

Get Started Today

We provide a customized suite of financial management tools that help businesses efficiently manage cash, payables and receivables. Contact a Treasury Services Specialist to learn more.