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Check Depot
Check warehousing has never been more convenient. Through China Bank Check Depot, a collection and depository service, your company can safekeep and deposit post-dated checks at China Bank branch nationwide. This automated system secures, manages and controls your company’s inventory of post-dated check, ensuring online credit to your company account upon check maturity. Thus, your personnel will be relieved of the daily task of monitoring checks for deposit. With China Bank Check Depot, your checks are automatically deposited on due dates, and before the cut-off time for clearing. A system-generated report is available for easy monitoring and efficient reconciliation.
Features
  • An automated system that safekeeps, manages and controls your inventory of post-dated checks
  • Matured checks are credited automatically to the designated account.
  • Provides a report that will allow you to monitor the status of all the post-dated checks that are in the custody of the bank, on a regular basis.
  • Through China Bank Online, China Bank’s Internet banking channel, you can view the following details of the check safe-kept by the branches:
    • Due Date
    • Accepting Branch
    • Drawee Bank
    • Check Number
    • Amount - Date Received
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