Remote Deposit Banking

Farmers and Merchants Bank offers Remote Deposit Banking for business customers. This remote deposit banking service enables business customers, not located in close proximity to our branch office locations, to remotely capture check image deposits and securely transmit their deposit electronically to the bank. This convenient service enables small to medium size businesses to realize increased processing efficiencies while managing their daily bank deposit needs.

To learn more about Farmers and Merchants Bank’s Remote Deposit Banking service, click on the provided links below. You will find associated features and benefits and be able to view a brief two-minute, video presentation describing the check-image file transmission process.

Click here for Remote Deposit Marketing pdf

To meet with one of our banking representatives to discuss adding Remote Deposit Banking for your organization, please contact Paul Davolos at 410-517-3060 or Chris Oswald at 410-833-6600.

Remote Deposit Banking – Scanner Options / Pricing Information

Option 1 - Bank Provided Equipment/Scanner - Digital Check Model TS240 (50DPM)
$ 50.00 Remote Deposit Banking Service - Monthly Processing Fee
$ .05/per item Transaction Fee
$ 250.00 Remote Deposit Banking Service - One-Time Installation / Setup Fee
$ 250.00 Early Termination Fee*-Remote Deposit Banking Service (prior to 24 Months)

Option 2 - Bank Provided Equipment/Scanner - Digital Check Model CX30-F (25DPM)
$ 45.00 Remote Deposit Banking Service - Monthly Processing Fee
$ .05/per item Transaction Fee
$ 200.00 Remote Deposit Banking Service - One-Time Installation / Setup Fee
$ 250.00 Early Termination Fee*-Remote Deposit Banking Service (prior to 24 Months)

Option 3 - Client Owned Equipment/Scanner - D & H/Harland Processor Approved Scanner Device
$ 40.00 Remote Deposit Banking Service - Monthly Processing Fee
$ .05/per item Transaction Fee
$ 180.00 Remote Deposit Banking Service - One-Time Installation / Setup Fee
$ 250.00 Early Termination Fee*-Remote Deposit Banking Service (prior to 24 Months)

* Applies only if the business customer terminates service within the first twenty-four (24) months of service. Digital Check Teller Scanner equipment must be returned to Farmers and Merchants Bank, upon termination of the service.

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External Link Disclosure

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