Bank Info
Checks Only offers you a simple, safe,
secure, and easy way to accept instant check payments online, by phone, by fax, and via
email! Most of the banks will accept these instant check payments without any
questions. (All banks must accept them!) There is really no reason why they
shouldn't accept these check payments. We provide you with a free, simple download and
easy install program of the MICR font which is the font style that you see at the bottom
of all checks. And, most banks use optical scanning equipment to read the numbers at the
bottom of the check. However, very few banks still use the older and much outdated method
of magnetic ink. If that is the case, it's easy to set up an account at a bank that
accepts these checks.
Or as one of our customers told us;
"My bank said "No problems", at worst case senario, we
would just have to manually key them in and you would be accessed a special handling
fee"! WOW! I thought $$$$! So, I asked how much? I nearly bursted out laughing when I
was told 25 cents each! Credit card transactions are usually 30 cents plus 2-4%! Oh, by
the way! My bank does NOT have to manually key them in! No fees whatsoever! And my bank is
a ONE BANK CHAIN! Maybe that is good, because they outsource all their check processing to
a major check processing center which is modern and uses optical scanning equipment! (
Like nearly every bank today!) When I first asked a teller if I could print my customers
check's and deposit them in my account, I got a dumb stare and a blank look! So, she asked
her supervisor who asked her supervisor! They all looked stupified by the question and
looked at me like I was crazy! Well, after they checked (ha! ha!) into it! I was told they
would begin accepting the checks and if neccessary, charge the 25 cent fee! Well, like I
said above, No fees and No problems! I've been accepting instant check payments for quite
awhile now, and NO ONE has ever complained about it! Or told me that they would not accept
these checks!
Just deposit these instant check payments into your bank account as if
you would deposit any check, and you will not have any problems with your bank. If they
give you any problems, just print out the Legal-Info page
and give it to the Bank Manager. Then, tell them if that's not sufficient, you will
proably close all your accounts and get a new bank, as they are not very current on
banking procedures and your confidence in them handling your money and accounts is in
serious jeopardy. Don't worry, most banks know what these transactions are and have
processed many before!
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