Looking for an easy way to create a bank draft or check draft? It is also known as the demand draft. Create check remotely over phone or email. Get permission and details of the bank account holder and start creating check draft checks using OnlineCheckWriter. Print checks on blank check paper and save 80% of check printing cost. Cash checks when required. Once you create a Bank draft, it can be deposited just like a regular check to your bank account. Bank draft created by OnlineCheckWriter does not have any transaction fees or Gateway fees like credit card or ACH. It is the cheapest way to get paid over the phone, fax, online, or link.
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Who Uses Remotely Created Checks or Bank Draft? Benefits of Bank Draft
Remotely created checks by the merchant; this type of payment instrument used by credit card companies, utility companies, insurance companies, landlords and apartment complexes or telemarketers. Some government entities also use to collect property taxes. This method gives a quicker and remote payment with no cost to both parties.
Many Industries still don’t know about the remotely created checks and get paid the full face value of the checks without having to pay any transaction fees or gateway fees like credit cards or ACH. Check draft is for a one-time payment, open or recurring. Check draft is an excellent way to get paid for anyone like attorneys, accountants, association, service providers, and even 501c charitable companies
YOUR PERFECT ACCOUNTING SOLUTION
- Cutting Cost by Allowing Businesses to use Blank Check Stock over Pre-Printed Checks.
- Supports Multiple Banks & Multiple Companies All in One Platform.
- Accept Payments by Phone, Email, Fax & more.
- Detecting Fraudulent Checks
- Send Checks via Postal Service.
- Supports Payroll integration.
How Can I Qualify To Do A Bank Draft Or Create Remote Checks of My Customers or Clients?
There is a specific guideline to approve you for creating remote checks of your customers.
Remotely created checks / Check draft / Bank Draft / Demand Draft is vulnerable to fraud. It is frequently used to purchase items over the phone, and customers can also pay monthly bills by having them debited automatically out of their accounts. Drafts entail a significant potential for fraud.
Check drafting is a valid legal copy of the customer’s check on their behalf and often created remotely without requiring a signature on it. Check Draft is usually for deposit only. OnlineCheckWriter will do everything possible to prevent fraud activities. You must fill up the application form and do all the procedures before we approve for check draft. It usually takes one to two business days to approve.
LET'S START NOW FOR FREE
As a cloud-based next-generation check printing software, Online check writer provides you a free and secure platform to print your checks and send them through electronic or physical mail. The software makes check printing easy by printing it on any paper using any printer at your office desk.
How Can I Set Up for Recurring Payments?
Your customers/clients/donors can pay monthly bills by having them debited automatically out of their accounts. You also get a 100% face value of the amount of the checks without having to pay any transaction fee or gateway fee all your cost under $0.05 for the blank check paper.
Once you sign up and are approved for creating checks remotely, there is an option to set up for recurring payments for each draft or client. This check draft will be ready to print on the specified date giving you an alert.
Easy, smart tools, and reporting will manage everything automatically for you.
REVIEWS FROM ESTEEMED CUSTOMERS
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