Rapid Deposit
With Midwest Bank’s Rapid Deposit service, you can save the time, costs and multiple trips to the bank. With Rapid Deposit, you use image-based technology to deposit checks to your Midwest Bank account right from your office. All you need is an Internet-connected PC and our Rapid Deposit scanning device.
With Rapid Deposit, you'll enjoy:
- Improved cash collection. You'll receive same-day credit on weekday deposits made by 5 p.m. Central time. Your funds will be available the next business day, allowing you to make timely and accurate financial decisions.
- Better internal control and security. You deposit checks using a secure, encrypted connection that ensures privacy and accuracy while providing an audit trail. Because Rapid Deposit is an online service, you can set up multiple users with different access levels, so only authorized personnel can access information.
- Time savings. Rapid Deposit eliminates trips to the bank and the time it takes to mail your deposits. What's more, all your business locations can use the service, no matter where they are located.
- Information reporting. With online access to deposit information, you can customize reports to meet the needs of your business.
To learn more about Rapid Deposit, or to put the service to work for your small business, please call 1‑877‑U‑Belong (823‑5664).
