Electronic Recovery

Electronic Recovery is a superior check recovery solution that is fast, effective and — best of all — free. When a bad check is written, Payliance electronically debits the check account of the individual who has written it from any bank in the US Federal Reserve system, along with a state allowed NSF fee. 100 percent of the face value of the check is remitted to you, while Payliance retains the NSF fee. If all presentations are depleted, the unrecovered item can be returned to you or automatically flow into our Whole Recovery program. How does it work? Your financial institution forwards all returned items to Payliance NSF and Unrecovered funds returned items are automatically re-presented electronically Unrecovered items flow into our Whole Recovery or are returned to you You receive 100 percent of the recovered face value of all checks Benefits: A debit network is utilized to “peek” into accounts and verify funds You receive 100 percent of the face value of your recovered checks Reporting and front/back check images are available online 24/7 Live client service Optional legal recovery