Matches in DBpedia 2016-04 for { <http://dbpedia.org/resource/Remote_deposit> ?p ?o }
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- Remote_deposit abstract "Remote deposit refers to the ability to deposit a check into a bank account from a remote location, such as an office or home, without having to physically deliver the check to the bank. This is typically accomplished by scanning a digital image of a check into a computer, then transmitting that image to the bank, a practice that became legal in the United States in 2004 when the Check Clearing for the 21st Century Act (or Check 21 Act) took effect. This service is typically used by businesses, though a remote deposit application for consumers has been developed and has begun to be implemented by a handful of banks. It should not be confused with: Direct deposit, which refers to the practice of posting an employee's weekly earnings directly to his or her bank account. Online deposit, which refers to a retail banking service allowing an authorized customer to record a check via a web application and have it posted, then mail in the physical check, giving the customer access to the funds before the check clears in the usual way. While this type of service does not involve a scanner nor take advantage of the Check 21 Act, it is also sometimes called remote deposit.Intended in part to keep the country's financial industries operational in the event of a catastrophe that could make rapid long-distance transportation impossible, like the September 11, 2001, attacks, the Check 21 Act makes the digital image of a check legally acceptable for payment purposes, just like a traditional paper check.Before 2004, if someone deposited a check from one bank (for example, PNC Bank) into an account at a different bank (for example, Bank of America), the banks would have to physically exchange the paper check before the money would be credited to the account. But under Check 21, one bank can simply send an image of the check to the other bank. This reduction of the transportation time from total processing life cycle of a check provides a longer time for the corporation to process the checks. Often, this additional processing time allows the corporation to deposit more items at an earlier cutoff time than they otherwise would. In addition, most banks offering Remote Deposit Capture have extended the cutoff times for deposit-8:00 pm, while the deadline for regular paper deposits is 4:00 pm. The practical effect of the law is that checks can still be deposited and cleared, even if a disaster makes it impossible for banks to exchange the physical paper checks with each other.".
- Remote_deposit wikiPageExternalLink check-21-act-2004.htm.
- Remote_deposit wikiPageExternalLink www.RemoteDepositCapture.com.
- Remote_deposit wikiPageExternalLink SiteContent.asp?PageID=411.
- Remote_deposit wikiPageExternalLink a_little_homewo.html.
- Remote_deposit wikiPageExternalLink showArticle.jhtml?articleID=206900272.
- Remote_deposit wikiPageExternalLink 306229975.
- Remote_deposit wikiPageExternalLink benefits_of_cleaning_check_document_scanners.html.
- Remote_deposit wikiPageExternalLink index.html.
- Remote_deposit wikiPageExternalLink news.aspx?aid=4200.
- Remote_deposit wikiPageExternalLink rdc.overview.aspx.
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- Remote_deposit wikiPageExternalLink watch?v=Sfbly2VIojI.
- Remote_deposit wikiPageID "6668524".
- Remote_deposit wikiPageLength "11000".
- Remote_deposit wikiPageOutDegree "39".
- Remote_deposit wikiPageRevisionID "693546882".
- Remote_deposit wikiPageWikiLink Android_(operating_system).
- Remote_deposit wikiPageWikiLink Bank.
- Remote_deposit wikiPageWikiLink BankServ.
- Remote_deposit wikiPageWikiLink Bank_account.
- Remote_deposit wikiPageWikiLink Bank_of_America.
- Remote_deposit wikiPageWikiLink Canadian_Imperial_Bank_of_Commerce.
- Remote_deposit wikiPageWikiLink Category:Banking_terms.
- Remote_deposit wikiPageWikiLink Category:Finance.
- Remote_deposit wikiPageWikiLink Chase_(bank).
- Remote_deposit wikiPageWikiLink Check_21_Act.
- Remote_deposit wikiPageWikiLink Cheque.
- Remote_deposit wikiPageWikiLink Cheque_truncation.
- Remote_deposit wikiPageWikiLink Citibank.
- Remote_deposit wikiPageWikiLink Debit_card.
- Remote_deposit wikiPageWikiLink Diebold.
- Remote_deposit wikiPageWikiLink Float_(money_supply).
- Remote_deposit wikiPageWikiLink IOS.
- Remote_deposit wikiPageWikiLink Image_scanner.
- Remote_deposit wikiPageWikiLink Independent_Community_Bankers_of_America.
- Remote_deposit wikiPageWikiLink Lock_box.
- Remote_deposit wikiPageWikiLink Magnetic_ink_character_recognition.
- Remote_deposit wikiPageWikiLink Online_banking.
- Remote_deposit wikiPageWikiLink PNC_Financial_Services.
- Remote_deposit wikiPageWikiLink Personal_computer.
- Remote_deposit wikiPageWikiLink Royal_Bank_of_Canada.
- Remote_deposit wikiPageWikiLink September_11_attacks.
- Remote_deposit wikiPageWikiLink Smartphone.
- Remote_deposit wikiPageWikiLink Substitute_check.
- Remote_deposit wikiPageWikiLink Tablet_computer.
- Remote_deposit wikiPageWikiLink Tangerine_Bank.
- Remote_deposit wikiPageWikiLink Toronto-Dominion_Bank.
- Remote_deposit wikiPageWikiLink USAA.
- Remote_deposit wikiPageWikiLink United_States.
- Remote_deposit wikiPageWikiLink Wells_Fargo.
- Remote_deposit wikiPageWikiLink Wiktionary:direct_deposit.
- Remote_deposit wikiPageWikiLinkText "Check Remote Deposit".
- Remote_deposit wikiPageWikiLinkText "Remote deposit".
- Remote_deposit wikiPageWikiLinkText "deposit capture".
- Remote_deposit wikiPageWikiLinkText "mobile deposit".
- Remote_deposit wikiPageWikiLinkText "remote deposit".
- Remote_deposit wikiPageUsesTemplate Template:Citation_needed.
- Remote_deposit wikiPageUsesTemplate Template:More_footnotes.
- Remote_deposit wikiPageUsesTemplate Template:Reflist.
- Remote_deposit subject Category:Banking_terms.
- Remote_deposit subject Category:Finance.
- Remote_deposit type Term.
- Remote_deposit comment "Remote deposit refers to the ability to deposit a check into a bank account from a remote location, such as an office or home, without having to physically deliver the check to the bank. This is typically accomplished by scanning a digital image of a check into a computer, then transmitting that image to the bank, a practice that became legal in the United States in 2004 when the Check Clearing for the 21st Century Act (or Check 21 Act) took effect.".
- Remote_deposit label "Remote deposit".
- Remote_deposit sameAs Q7312146.
- Remote_deposit sameAs m.0ggpjs.
- Remote_deposit sameAs Q7312146.
- Remote_deposit wasDerivedFrom Remote_deposit?oldid=693546882.
- Remote_deposit isPrimaryTopicOf Remote_deposit.