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Central 1's revolutionary first-to-market cheque imaging technology captures digital images of cleared and deposited cheques.
Save time by going online
Avoid the costly necessity of manually retrieving physical cheques from storage, processing the return and entering the return envelope into the clearing stream. With Central 1's Online Return System (ORS), all of these operations can be performed using cheque imaging.
Unlike traditional cheque returns that use physical cheques and a manual process, a cheque image is used when a dishonoured cheque is returned via Central 1. Financial institution clients simply sign into ORS, search for the item and flag it to be returned. Central 1 initiates the return of the dishonoured item using the image of the cheque that was previously captured at one of Central 1's distributed sites.
ORS allows financial institution clients to search for cheque images quickly and easily based on:
Financial institution clients can also use ORS to search for cheque deposits, cheques drawn on their financial institution, or Automated Fund Transfers.
There's no need to wade through physical paper cheques again