Capture a leadership
position within the business community by
offering an innovative, effective and FREE
service that increases profitability for
accountholders and you!
Enjoy the industry's leading electronic check recovery program
designed especially for financial institutions. This proven
check collection program has enabled financial institutions to
provide free increased benefits and higher accountholder satisfaction
for years − all while generating increased income without
jeopardizing safety and soundness. No wonder Re$ubmitIt® has so
many satisfied customers and enjoys more state banking association
endorsements than any other electronic check recovery program.
What Makes BSG Different?
- Peace of Mind that you are dealing with a PROVEN industry leader, enjoying numerous state banking association endorsements.
- NACHA Compliant and easy for your accountholders to implement. No unnecessary signing of documents at point of sale.
- Free Secondary Collections − additional collection activity available for those difficult to collect bad checks.
- Increased Revenue with Competitive Pricing for financial institutions through revenue sharing while outsourcing the check collection activity.
With the Re$ubmitIt®
program, your commercial accountholders
can double collections from returned deposit
items, including checks, ACH check conversions
and ACH originations. Your institution increases
income through a unique revenue sharing
agreement with BSG Financial, while outsourcing
the hassle of processing the
returned items. Plus, because your commercial
accountholders pay nothing for the service,
you will be viewed as a valuable, innovative
partner to their business.
it works. Re$ubmitIt® is a
better solution for returned deposit item
collections, with years of proven success
in capturing 100%
of the face value of all items collected
electronically. When a
deposit item is returned,
your institution sends it to Re$ubmitIt®
where it is re-presented electronically
— up to two additional times. As a
result of multiple submissions and strategic
timing, your accountholders will collect
more from returned items, with less work.
On average, 70–75%
of all items processed through the Re$ubmitIt®
program are collected in full —
a significant increase over the traditional
40–50%. To further increase success,
we also offer FREE secondary collections
for those checks that go uncollected after
the maximum number of electronic re-submissions.
The Re$ubmitIt® process
is being used by over 210,000 businesses
that can now concentrate on profit-making
opportunities rather than collections. And,
with our comprehensive Web-based reporting
system, your accountholders can
view check images, obtain status reports
that include detailed information for each
check, track payments, and measure results.
Increase revenues. Re$ubmitIt®
is a turnkey solution to bad check collection
for you and your business accountholder