Checxchange™ Automated Check Recovery

Checxchange™ Automated Check Recovery

Automatically & Effectively Collect on Returned Checks

checXchange™ is an electronic check recovery service that expedites cash flow by seamlessly dealing with bad checks written to your business. The service automatically collects on returned checks, improving the cash position for your business.

Once a check is deemed insufficient, Arvest will send the returned check to checXchange™ to collect the funds on your behalf. You will receive collection notifications and have access to high resolution images of all presented checks through an internet-based, real-time reporting system. Several reporting options are available, and all reports are exportable into PDF, Excel and CSV.

Collections are credited to your account weekly.

Key Benefits of Electronic Check Recovery:

  • No transaction fees for collections
  • Recovers 100% of the check’s face value
  • Reduce time and expense of collection
  • Notifications about collections are provided 24/7 with an internet-based, real-time reporting system
  • Collections credited weekly
  • No contract or equipment required

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