Electronic Check Service (ECS)

Your customers expect the convenience of paying by check, but check handling requires time and resources. KeyBank’s Electronic Check Service converts a check into an electronic transaction just like a credit card payment. No more trips to the bank, and no more delays while checks are cleared.

Electronic Check Services Details

  • Point-of-sale and back-office accounts receivables service options
  • Multi-lane retail check acceptance option—no terminals required
  • Flexible service options, including check conversion only, verification, collections and guarantee in any combination
  • Funds settled within 24-48 hours
  • One direct deposit account, eliminating the need for multiple banking relationships
  • Transactions resulting in non-sufficient funds are automatically resubmitted up to two times
  • Consolidated credit card and electronic check reports and statements
  • Instant online access to full data on checks accepted, processed and returned