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Old 05-15-2015, 08:05 AM   #21
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I agree paper checks are such a thing of the past. But for the companies I deal with, they are a fact of life. I've considered using a credit card processor, but I don't think that will work. First, I don't want to pay 2-3% on all incoming funds -- it would surely be cheaper to pay a contract book keeper or even accountant. Also, most of my payers don't use credit cards for this type of thing. These are businesses, not individuals.

A bank lockbox sounds like exactly what I need if it is affordable. More specifically the wholesale lockbox service which is geared toward lower volume but higher dollar amount transactions. Heck, it would be nice even when we are in town!

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Old 05-15-2015, 02:36 PM   #22
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One possible issue when using a mobile app to scan checks is that most banks have daily and/or monthly limits on how much you can deposit using the check scanning app. Can be a problem if you have large checks to deposit.

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