Remote Deposit Capture is a banking service that enables customers to deposit checks and other negotiable instruments electronically by scanning and transmitting the images to a financial institution, eliminating the need for physical deposits at branches.
Main/
Remote Deposit Capture
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Code
PS0010
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Name
Remote Deposit Capture
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Version
1.0
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Category
Deposit & Account Services
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Created
2025-03-14
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Modified
2025-04-02
Related Techniques
Mobile-deposit algorithms emphasise MICR code integrity, not payee-field text; attackers exploit this gap by scanning cheques with payee names digitally scrubbed or respelled.
- Enables the electronic submission of checks and other negotiable instruments without in-person verification, allowing criminals to deposit physically altered or sequentially numbered checks from remote locations.
- Automated workflows can be exploited to deposit the same or near-identical instruments across multiple accounts in short intervals, minimizing immediate detection.
- Once cleared, illicit funds are swiftly transferred or withdrawn, further obscuring their origin and challenging AML monitoring.
- Criminals deposit fraudulent checks via mobile or scanned images, reducing face-to-face scrutiny and accelerating crediting of funds.
- They quickly move or withdraw the provisional balances, capitalizing on delayed verification of check authenticity.