Check & Postal Order Processing
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There are no locked contracts and no application fees — it’s risk free!
With PacNet Services, there is no need to open new bank accounts, or negotiate agreements with multiple processors. PacNet provides everything you need in one place and at affordable rates! No matter where in the world your company does business, our global facilities work seamlessly together to offer your company the exact package of services you require.
The Advantages
Through our worldwide accounts and banking contacts we can deposit and clear third-party checks in over 30 currencies. We give our clients access to their funds quickly, usually within 24 hours. The combined volume of checks in any given currency allows PacNet to negotiate remarkably low rates.
The Process
Checks and Postal Orders can be sent to us in batches, as often as necessary, straight from the order processing or fulfillment centre. Sending batches via international courier is easy and poses no significant delay to processing.
We count each batch and confirm the deposit on the same day that we receive it. Our clients find this much more convenient than waiting for a monthly statement.
Our Fee
PacNet’s check processing service is charged on a percentage commission basis. Our commission is based on the currency, volume and value of the checks. We do not charge extra for wire transfers to your company’s designated bank account or foreign exchange services.
According to your wishes, we will wire the funds to the bank account of your choice, deposit the funds directly, send a check, or maintain a credit balance on your client account at PacNet.
Electronic Check Processing
ACH checks, Electronic Check Processing and Direct Debit are all available to you at PacNet Services. Please read the Direct Debit service description for details.
Contact us today for a risk-free consultation and indication of rates.