State law sets the amount of the fee and NACHA rules and Regulation E govern the EFT debit  for the processing fee.  We are not required to use electronic methods for recovering the fee.  However, your cooperation in obtaining your customers' express authorization for the fee allows us to recovery our fee electronically, and ultimately that means you get your money faster.

There are five methods to choose from:  1) a check cashing card or log system whereby the customer signs a card one time with the authorization language on it; or 2) a stamp containing the authorization language stamped on each check with the check writer signing at the point of sale; or 3) a register generated authorization language with the customer signing at the point of sale; or 4) subsequent authorization whereby Chexpert sends a letter to the check writer giving him or her the opportunity to call, fax or mail in their express authorization; or 5) use of a global authorization network which is a co-op of RCK processors with check writers in their data bases having previously authorized the EFT debit for the processing fee at another store.  This last system is keyed to checking account numbers and therefore only works with those using our check verification system.

In cases where express authorization to debit for the fee is not obtained, we use letters to recover the fee amount.  If you have any questions on what to do or how to implement this, please call Mark Piland direct at 817-579-0207.