Check Draft: The Ultimate Solution for Remote Payments

Apr 26, 2023 | Check Draft

Zil Money is a financial technology company, not a bank or an FDIC member. Zil Money offers banking services through partnership with FDIC member banks Silicon Valley Bank, Texas National Bank, and East-West Bank.

In today’s digital world, businesses require solutions that can facilitate their financial transactions efficiently. One such solution is Check Draft, also known as bank draft or remote draft. It is a legal version of a check that can be created by a vendor without requiring a signature. In this blog, we will explore how Check Drafts from Zil Money can be the ultimate solution for remote payments.

What Is a Check Draft?

A Check Draft is a legal version of a check that is created by the vendor, making it a secure way of receiving payments. It is often used for remote payments, where the payee cannot be physically present to sign a check. Businesses can collect payments remotely without the need for physical signatures.

Creating Check Drafts with Zil Money

Zil Money offers a comprehensive Check Draft solution that enables businesses to create checks remotely without requiring signatures. You can authorize your payer over the phone or online, which can be deposited in the bank on demand. Additionally, you can print it on blank check stock, making it a convenient way of collecting payments.

Advantages of Using Check Drafts

Convenience – It provides a convenient way of collecting payments remotely. Businesses can create and print checks from anywhere, making it easier to receive payments.

Security –It is a secure way of receiving payments, as they are legal documents that can be traced and tracked. Businesses can rest assured that their payments are secure and protected.

Time-saving – It saves time, as they eliminate the need for physical signatures. Businesses can create checks remotely, saving time and resources.

Recurring Payments –It enables businesses to set up recurring bank drafts, making collecting payments from clients regularly easier.

Cost-effective –It is a cost-effective way of receiving payments, as they eliminate the need for physical signatures and postage. Businesses can save money on administrative costs, making it a cost-effective solution.

Personalized Check Designs for Businesses

Furthermore, it offers customizable features that allow businesses to personalize their checks with company logos, branding, and unique design elements. This enables businesses to create professional-looking checks that reflect their brand and enhance their reputation. With the ability to set up recurring bank drafts, businesses can also enjoy a hassle-free way of collecting payments regularly from clients. They can be processed and cleared more quickly than traditional paper checks as they are created electronically. This means that businesses can receive their payments faster, improving their cash flow and reducing the risk of late payments.

In conclusion, Check Drafts are an efficient and secure way of receiving payments remotely. With Zil Money’s Check Draft solution, businesses can create checks remotely without requiring signatures, making it a convenient way of collecting payments. In addition, they are cost-effective, time-saving, and secure, making them an ideal solution for businesses that need to receive payments remotely. So why not try out Zil Money’s Check Draft solution today and experience the convenience of remote payments?

Get in Touch

(408) 775-7720

Make a call directly to our customer support team to get assistance instantly.

support@zilmoney.com

Email us to resolve any queries you have about Zil Money.

111 N Market St, San Jose, CA 95113

PO Box 6543, Tyler TX 75711

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