Frequently Asked Questions
How much time does it take to print checks in-house?
The amount of time required to print checks in-house depends on the number
of checking accounts you service. As an example, an institution with 4000
retail and 500 commercial checking accounts will typically spend 4 - 5 staff
hours weekly to fulfill orders.
Who typically fulfills a financial institution’s customer orders?
Premier’s customers typically leverage existing employees, including teller,
operations or part-time staff members to print checks in-house. Most
financial institutions tend to fulfill orders 2 – 4 times weekly.
How much floor space does the system require?
Premier’s in-house check printing system requires dedicated space for an HP 9050 MICR Laser printer (desktop or floor standing configurations – 50” x 24”) and a binding unit (38” x 25”). Premier warehouses all supplies in a climate controlled environment until they are needed on-site by the institution. Premier’s 1 to 3 day turnaround of supplies enables our users to store limited paper and toner quantities on-site.
How would you describe the quality of Premier’s products?
Premier warranties 100% of all products produced by the system. We print
using only the highest quality components including; ABA-ANSI compliant MICR
toner printed on the HP 9050 MICR Laser printer and using #24 MICR bond
stock.
Why should I print checks in-house with Premier’s system?
Your marketplace is extremely competitive and you’re constantly searching
for methods to improve service and increase non-interest fee income. The
in-house product allows you to offer a quality product, faster, and at a
lower price. The result is improved service to your customers and a way to
differentiate yourself from your competition.
How do I know if Premier’s system makes economic sense for my business?
Typically an institution with 4000 retail and 500 commercial checking
accounts will see a return on investment (ROI) in within 1 year. Premier
offers a complimentary financial analysis service to help you project ROI
and increased fee income. Click here for more details.
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