eDOCMobile RDC Restrictive Endorsement

eDOCMobile RDC Restrictive Endorsement

$0.04

eDOCMobile RDC Restrictive Endorsement is offered at $.04/ per check in addition to contractual fees.


  • Description

    Description

    Restrictive endorsement helps reduce indemnity claims against credit unions. Credit unions accepting checks by remote deposit capture, may want to review the language in its Mobile Check Deposit Agreement or Remote Deposit Capture Agreement, that requires the credit union’s member to add a specific restrictive endorsement to the check, such as “For Mobile Deposit Only, at ABC FCU” into account #123456789.

    eDOCMobile RDC now verifies that there is an endorsement on the back of a mobile check and allows your credit union to define up to seven restrictive endorsement phrases.

    eDOCMobile RDC Restrictive Endorsement is offered at $.04/ per check in addition to contractual fees.

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