long distance deposits

15:53 Aug 19, 2016
This question was closed without grading. Reason: Other

English to Polish translations [PRO]
Real Estate
English term or phrase: long distance deposits
Nie mam tu kontekstu żadznego, dlatego też ciężko mi zgadnąć o co chodzi. Jakieś sugestie?
Alekssandra21
Poland
Local time: 06:35

Summary of reference entries provided
remote deposit
Frank Szmulowicz, Ph. D.

Discussion entries: 3





  

Reference comments


25 mins
Reference: remote deposit

Reference information:
Remote deposit refers to the ability to deposit a check into a bank account from a remote location, such as an office or home, without having to physically deliver the check to the bank. This is typically accomplished by scanning a digital image of a check into a computer, then transmitting that image to the bank, a practice that became legal in the United States in 2004 when the Check Clearing for the 21st Century Act (or Check 21 Act) took effect. This service is typically used by businesses, though a remote deposit application for consumers has been developed[1] and has begun to be implemented by a handful of banks.[2] It should not be confused with:
Direct deposit, which refers to the practice of posting an employee's weekly earnings directly to his or her bank account.
Online deposit, which refers to a retail banking service allowing an authorized customer to record a check via a web application and have it posted, then mail in the physical check, giving the customer access to the funds before the check clears in the usual way. While this type of service does not involve a scanner nor take advantage of the Check 21 Act, it is also sometimes called remote deposit


    https://en.wikipedia.org/wiki/Remote_deposit
Frank Szmulowicz, Ph. D.
United States
Native speaker of: Native in EnglishEnglish, Native in PolishPolish
PRO pts in category: 110
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search