Also known in the industry as Image Cash Letter, M&T Bank’s Image Deposit allows for items to be securely deposited through the use of your own hardware and software. Save both time and money by transmitting these check images to M&T for deposit.
How does Image Deposit work?
- Captures check image and data using your own imaging equipment
- Transmits the check images to M&T Bank in an industry standard x9.37 file
- M&T deposits and process them for payment
What are the Benefits to Image Deposit?
Cost savings. Reduce the high cost of transporting paper checks for deposit.
Enhanced cash flow. Make deposits later in the day for same day ledger credit. Corporate customers and financial institutions can derive added benefit from same day availability for checks drawn on M&T Bank.
To find out more, please send us an email, call 1-800-724-2240 to speak to one of our experienced Commercial Service Team Representatives, or contact your M&T Relationship Manager.