NorthSide Bank is here to help you with all of your business needs, including one of your biggest headaches—returned checks.

NorthSide Bank’s electronic check recovery service, Re$ubmitIt® significantly reduces the burden of collecting funds from NSF checks, while potentially doubling your recovery rate. You collect more returned checks and get 100% of the face value of all checks that are collected electronically!

To be Eligible for Electronic Recovery, a Returned Check Must:

Be a personal check to a business (not business-to-business)

Be under $2,500

Be less than 180 days old from date of transaction

Cannot have been already submitted twice, either electronically or by paper draft

The Re$ubmitIt® electronic check recovery service handles the collection process electronically from beginning to end, via the Automated Clearing House (ACH) network for re-presentment directly to the check writer’s bank account.

1. Returned checks are sent from NorthSide Bank to Re$ubmitIt®, where eligible checks are converted into electronic items for re-presentment to the check writer’s bank account for collection.
   
   
2. The electronic check file is processed and strategically timed for re-presentation. Presenting checks at proven “smart dates” improves the chance of collection.
   
   
3. If the item is not recovered on the first electronic re-presentment, it is re-cued for a second electronic re-presentment (third total). If this third presentment fails, the check can be sent to Re$ubmitIt’s FREE secondary collections, or the check can be sent back to you.
   
   
4. Upon settlement, 100% of the face value of the check is reimbursed to you automatically. The check writer’s account is charged a state-regulated collection fee to cover the cost of collection.

If you have questions about the Re$ubmitIt® electronic check recovery service, please email them at support@resubmitit.com

Can Re$ubmitIt® process bad checks I receive from a business?

Yes. Although business-to-business checks cannot be presented electronically for recovery, Re$ubmitIt can still process them using alternative and highly successful, collection methods. For example, Re$ubmitIt may be able to convert business checks (returned due to insufficient funds) to paper drafts and present them for collection of funds.

In addition, for business-to-business checks returned due to account closure, Re$ubmitIt provides a secondary collection service as an enrollment option. Each of these processes is a free service to you and helps you recover more of the money you are owed!