Zil Money

Check Draft

Check Draft, also known as bank draft or remote draft, is a legal version of a check that is created by the vendor. The Zil Money service lets you create checks remotely without requiring signatures and receive payments via check drafts. Authorize your payer over the phone or online. Deposit the check draft in the bank on demand and print it out on blank check stock. Additionally, you can collect payments regularly from your clients with our recurring bank draft.

ZilMoney.Com

Key figures

Users

New Customers a Week

Transactions Per Week

What Is Check Draft

How to Use Check Draft

The vendor or merchant can make a check draft with approval from the account holder without a signature. Using the standard check printing process, you can print them. In contrast to checks, check drafts are guaranteed by the issuing bank. Payments made through check drafts are secure and safe for the payee. Printing checks on blank paper at your desk or at home can save you up to 80% on check printing costs with Zil Money check printing software.

Apply for Check Draft

Log in and select check draft from Receivables Menu.

Create Check draft

Click on +New and enter the valid details and enabling the Ask for Permission check box, click Send.

Receive Amount

Once you get authorization from the payer you can print the check draft and deposit in the bank and collect the amount.

FEATURE AP/AR

Check Printing

Check Printing

Instantly create and print yourself on any printer. Drag & Drop Design

ACH

ACH / RTP

Send ACH/RTP in one click. Get paid by ACH. Make it one time/recurring

Email Check

Email Check

No Printer/Paper? Email a One-time printable & trackable PDF Check.

Digital Check

Digital Checks

Convert paper checks to paperless Digital Checks & send to email/Text.

Check Mailing

Check Mailing

One-Click Check mailing for $1.25 by USPS without leaving your desk.

Deposit Slips

Deposit Slips

Instantly create & print deposit slip of any Bank. Keep track & auto reconcile it

Get Paid Button

Get Paid Button/Link

Get paid by Button/HTML form on your site or Link to text or email.

Bank Data

Bank Data

Connect & reconcile, Categorize from Any Fina-Institution automatically

Bill Pay/Vendor

Bill Pay / Vendor

Pay Bills Online, Schedule it, Manage suppliers Smart, and reduce risk.

Invoice

Invoicing

Professional invoicing, email with payment link, track & manage.

User Approver

User / Approver

Role-Based user and approval process. Accountant/Client access.

API

API / White Label

Interactive developer friendly API. Complete white label solution.

Check Draft by Phone

Accept your check draft over the phone, no need to wait for checks to arrive in the mail from your client. Choose any template, and enter your client’s information, including bank routing numbers and account numbers. Then you print the check by any printer on behalf of them with their authorization. This check comes without a signature, and it states, ‘No signature required and approved by the depositor.’ 

Check Draft by Phone

FREQUENTLY ASKED QUESTIONS

Frequently Asked Questions(FAQ)

What is a draft check?

A draft check is the same as a bank draft check and does not require a signature but must be approved by the account holder through the bank.  

What is a bank draft check?

A bank draft check is a check that does not require a signature but must be approved by the account holder by the bank.

Are bank drafts safe?

Payments made through bank drafts are secure and safe for the payee. With ZilMoney.com safety is assured.

Check vs Draft

Checks are drawn on a current account holder of a bank account, whereas drafts are drawn by one bank branch to another of the same bank and guaranteed. Drafts are based on real money in the account, so when the draft is issued, money is used.
Zil Money - Cloud Based Platform
Fintech Software
RATING: 4.6 ( 10164 ratings )
Price: $49.99/Year

PRECIOUS REVIEWS FROM

OUR CUSTOMERS

 

Vendor Management: Bill Pay, One Click Check Mailing, Invoicing, Positive Pay, User/Ap Use the application on your desired platforms. Positive Pay, User/Ap, Use the application on your desired platforms.

I had to be very cautious in a disputing situation when the check hasn’t arrived and goes to the bank, digging through all my paperwork.

Frank Czar

 

Zil Money has made my life easy. Now I can print all the checks on Blank Check Paper and export from my QuickBooks as well. 

Bimal Daftari

 

I always have to give checks ahead in many situations. Now it’s so easy to keep up. Same way making deposit slips on demand also very easy.

Travis Copeland

 

I was confused of managing multiple companies as an accountant. I found Zil money then and now everything is just easy.

William Andrews

 

Total Money Moved

9,520,030,217 +

Total People Paid

1,020,421 +

Total Businesses Satisfied

201,304 +