COLLECTIONS AND CASH LETTER SERVICES
Wachovia was a pioneer in collection and check clearing services, developing one of the first U.S. Dollar Cash Letter services in 1956. Continuous investments in technology, combined with our large global network and superior customer care, allows us to give you the speed, efficiency, and security you require. We have on staff some of the leading experts in fraud detection and protection, and can act as an advisor and consultant on these important topics:
- Providing USD and Euro cash letter services with timely processing and expedited availability
- Obtaining final credit on U.S. dollar and Pound Sterling checks drawn in the United States and the United Kingdom where guaranteed payment is desired, by using our Final Collection Service
- Processing foreign currency checks from you at a specified rate of exchange and giving you expedited credit for the checks
With Cyber Deposit Image, one of our products in the family of Cyber Suite services, we even provide you with the ability to view images of your deposited checks directly on the Internet, further increasing your productivity and eliminating costly time-consuming storage and the retrieval of paper.
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