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Process Flow
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Step 1:
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Users enter the deposit total, scan checks and validate that
scanned images match the deposit total
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Step 2:
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The file is reviewed and approved for transmission
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Step 3:
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The file is transmitted to Citibank for deposit, and a posting
file is sent to your Citibank account where transactions can
be reviewed
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Step 4:
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Citibank creates a printed substitute check, or IRD, and
presents it for clearing
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Step 5:
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Unpaid checks are debited to your account with the endorsed
IRD returned to you
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