Hilltop National Bank's Remote Deposit Capture

19 Questions | Total Attempts: 60

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Hilltop National Bank

Test your knowledge on Hilltop's Remote Deposit Capture product, based on the online PowerPoint you've viewed.


Questions and Answers
  • 1. 
    Remote Deposit Capture allows businesses to
    • A. 

      Remotely deposit checks

    • B. 

      Capture supplemental receivable documents such as payment stubs and full page documents

    • C. 

      Neither

    • D. 

      Both

  • 2. 
    When capturing "supplemental receivables documents," those items would typically, next, be processed by Hilltop's lock box system.
    • A. 

      True

    • B. 

      False

  • 3. 
    To get started with Hilltop's Remote Deposit Capture, what are the three things you need?
    • A. 

      Faith, hope and charity

    • B. 

      A will to live, a good lawyer and a smart accountant

    • C. 

      A PC, an internet connection and a scanning device

    • D. 

      None of the above

  • 4. 
    Hilltop's remote deposit capture allows you to process checks and payments electronically. Click all applicable benefits.
    • A. 

      Accelerate funds availability

    • B. 

      Improve fraud detection

    • C. 

      Enhance labor efficiencies

    • D. 

      Improve your looks

  • 5. 
    Remote deposit capture helps to reduce the number of trips to the bank (saving time, money and fuel).
    • A. 

      True

    • B. 

      False

  • 6. 
    By eliminating the physical transportation of checks, your customers' checks clear faster and fraudulent checks are identified sooner.
    • A. 

      True

    • B. 

      False

  • 7. 
    Hilltop’s Remote Deposit Capture has sophisticated duplicate detection technology that alerts you if you send the same check through twice and prompts you to make a decision about the item in question.  
    • A. 

      True

    • B. 

      False

  • 8. 
    Training for Hilltop's Remote Deposit Capture consists of:
    • A. 

      Six hours of online videos

    • B. 

      A 150 page users manual

    • C. 

      A half day on-site visit by Hilltop staff

    • D. 

      None of the above

  • 9. 
    There are no time-consuming classes or complicated instruction manuals associated with learning to install and use Hilltop's Remote Deposit Capture.
    • A. 

      True

    • B. 

      False

  • 10. 
    Installation wizards and web-based training will get you up and running with Hilltop's Remote Deposit Capture in a matter of minutes.
    • A. 

      True

    • B. 

      False

  • 11. 
    Hilltop's Remote Deposit Capture system offers integration capabilities into many accounts receivable systems.
    • A. 

      True

    • B. 

      False

  • 12. 
    Remote Deposit Capture features multiple security levels and controls, making the process actually safer than physically transporting the checks to the bank.
    • A. 

      True

    • B. 

      False

  • 13. 
    Benefits of Hilltop's Remote Deposit Capture System include (check all that apply):
    • A. 

      Improve your looks

    • B. 

      Streamline operational efficiency

    • C. 

      Save the ozone

    • D. 

      Save employee time and fuel costs

    • E. 

      Heal relationships with your siblings

    • F. 

      Reduce paperwork

    • G. 

      Minimize risk of fraud and theft

    • H. 

      Simplify bookkeeping and manual errors

  • 14. 
    What two pieces of paperwork do you need in order to get going with Remote Deposit Capture
    • A. 

      Cash Management Application

    • B. 

      Remote Deposit Capture Agreement

    • C. 

      ACH Liability Assessment

    • D. 

      SWIFT account wire agreement

  • 15. 
    What two items will reviewed in order to see if a customer qualifies for Remote Deposit Capture?
    • A. 

      Six months of checking account acitivity and a Risk Review

    • B. 

      NSF Activity and Number of lawsuits

    • C. 

      Number of banks used in the last year and a Dun and Bradstreet Report

    • D. 

      None of the above

  • 16. 
    Select all the costs associated with Hilltop's Remote Deposit Capture
    • A. 

      $125.00 one time set up fee

    • B. 

      $15.00 monthly scanning fee

    • C. 

      $75.00 monthly fee

    • D. 

      $30.00 ACH forwarding fee

    • E. 

      $0.10 per item deposited

  • 17. 
    One of the fees for Remote Deposit Capture is $0.10 per item deposited. This is in addition to the bank's per item analysis fee.
    • A. 

      True

    • B. 

      False

  • 18. 
    Approved customers order their scanners directly from Wausau, the Remote Deposit vendor.
    • A. 

      True

    • B. 

      False

  • 19. 
    If a customer inquires about Remote Deposit Capture, you should direct them to Business Development.
    • A. 

      True

    • B. 

      False

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