Re$ubmit ItReturned checks can be a headache for business owners. To help, River Valley Bank offers Re$ubmit lt, an electronic check recovery service free to our business customers.
If your business gets a check that is returned for non-sufficient funds, Re$ubmit It will automatically resubmit the checks for payment. If the check is settled, you get 100% of the face value of the check.
To be eligible for Re$ubmitIt, a returned check must:
- Be a personal check to a business (not a business-to-business check)
- Be less than $2,500
- Be fewer than 180 days old (from date of transaction)
- Not have been already submitted twice, either electronically or by paper check.
Your business account is enrolled automatically in the Re$ubmit It program. If you have any questions, you can contact the Re$ubmit It processing center at email@example.com. If you decide you do not want the Re$ubmit It service in connection with your River Valley Bank business account, call 866-860-5906 or email firstname.lastname@example.org to opt out of the program.