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Improved Check Account Depositing

EPC has created an improvement in check account depositing as follows:

The invention (a) configures remote terminals (at teller stations, kiosks, or ATM machines) to hold, scan and image a paper check at the time of deposit, (b) send the check images to a host computer system for storage, (c) accepts a report back from the host system acknowledging that the images have been properly stored, and (d) follows instruction to destroy the paper check while it remains in the remote terminal.

Easy Deposit

EPC has also invented a way to make checking account deposits at a merchant point of sale (POS) as follows:

The invention (a) configures POS terminals to accept cash and checks for deposits to customers' checking accounts at any merchant POS location, (b) by scanning and sending paper check images to bank host systems, (c) accepts a report back from the host system acknowledging that the images have been properly stored, (d) follows instruction to destroy the paper check while it remains in the remote terminal. and (e) leveraging merchant commercial accounts to transfer cash funds for deposit.