ACHQ's Risk Management - Speedchex® - service offers check verification capabilities that help you to defend again bad check writers. We offer one of the most comprehensive check verification systems available today. Our robust check verification system is able to determine if a check is drawn against an account that is currently closed, overdrawn or frozen. We're even able to determine the likelihood of whether or not a check will be returned.
- Verifies Account Status In Real-Time: Open, valid account
- Confirms account is funded
- Transactions completed in seconds with real-time notifications
- Alerts you to suspicious transaction activity
Risk Management & ACH VerificationWith ACHQ's Speedchex® verification services, you can increase your company's profits. By avoiding bad check writers, you avoid loss of valuable revenue chasing down your money.
Benefits Of Our Check Verification System
- Avoid the risk of accepting out-of-state checks
- Increased cash flow
- Robust reporting system
- No more bank charges and NSF fees
- Fast, easy, and secure verification
- Reduces or eliminates trips to the bank
- Promotes another form of payment for you business
- Supports single, batch, XML, or SOAP processing