Merchant RDC Frequently Asked Questions
This feature will allow you to remotely deposit multiple checks to your business account.
Please contact us at 615-446-3732.
Because of the special attention we give to each customer, there is an estimated 90 day implementation time.
Yes. There is a $30.00 monthly fee. The first three months are free!
Additional expenses for equipment/hardware. Refer to the Bank of Dickson Merchant RDC agreement.
Funds deposited via Merchant RDC are generally available to you on the next business day after the business day on which the bank received the deposit. Longer delays may apply. Refer to the Funds Availability Policy Disclosure provide at account opening.
Cut-off time is 2:00 p.m. CST on business days the Bank is opened for business.
Provisional credit is not granted for Merchant RDC.
After you receive the Deposit Completed Confirmation number, you should secure each deposit batch together, and notate the date of the deposit for your reference. Securely store the checks for 90 calendar days, and make it accessible to us at our request. Feel free to destroy the checks after the 90 day period.
Checks made payable to the account holder and drawn on a bank within the United States can be deposited through Bank of Dickson Merchant RDC. The following is a list of checks that can’t be deposited: • Federal Government Checks • Foreign Checks (not drawn on a U.S. bank) • IRD/Substitute Checks • Savings Bonds • Third Party Checks (not made payable to account holder) • Traveler’s Checks • Loan Promotional Checks