Wachovia Introduces Remote Desktop Capture.

PR Newswire Europe, December, 2004

CHARLOTTE, North Carolina, December 13 /PRNewswire/ --

Eliminating Transportation Costs and Improving Cash Flow

Wachovia announced today the introduction of a new receivables service, Remote Desktop Capture, which enables Wachovia clients to capture and transmit images of paper checks for deposit.

Remote Desktop Capture allows clients worldwide to capture images at their business locations via a small desktop scanner. These images are then transmitted to Wachovia via a secure Internet connection for posting and subsequent clearing through either bank-to-bank image exchange or substitute checks.

"Currently, it's both time-consuming and expensive to prepare and transport paper checks for deposit. As a result, we are always examining...

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