Remote deposit capture

Business Banking

Mountain Valley Bank announces a new product to better serve you, our customer! Whether you are a small family business or a big corporation, Remote Deposit Capture can save you time and money

What is it?

Remote Deposit Capture allows business owners to capture electronic images of checks and Magnetic Ink Character Recognition (MICR) information right at their place of operation and send to the bank for same day deposit through a secure internet connection.

How does it work?

When you begin using Remote Deposit Capture, your business will find certain times that work best during the day to run batch captures of payments. As the checks are ran through the scanner connected to your PC, electronic images along with the MICR information are captured and sent as an encrypted electronic file to Mountain Valley Bank to be deposited directly into your Mountain Valley Bank account. All transmissions sent and confirmed before 4:30 p.m. will be deposited the same day into your

How secure is it?

All communications are securely encrypted for the protection of your data.

How much does this service cost?

Mountain Valley Bank will retain ownership of the scanner. All you pay for is a monthly service fee based on the size of the scanner. The scanner you need is based on the volume of documents you process monthly.

Panini I Single Fee DocLess than 500 – $75.00

Panini Vision X 50 dpm*500 – 5,000 – $100.00

Panini Vision X 75 dpm5,000 – 10,000 – $175.00

Panini Vision X 100 dpmover 10,000 – $210.00


Who uses it?

Remote Deposit Capture is ideal for businesses whose payments from customers come in the form of checks, money orders, cashier’s checks or traveler’s checks; have a limited number of staff to courier deposits to bank locations; and/or have a location or multiple locations not within close proximity to a Mountain Valley Bank. Businesses of any size or payment volume can use the check scanners provided by Mountain Valley Bank to expedite the task of capturing images of check payments and sending the electronic files to Mountain Valley Bank for same day deposits.

How will it benefit my business?

Remote Deposit Capture will save you time and money. You no longer need to waste valuable time and gas driving across town to deposit your checks before the bank closes. And with Remote Deposit Capture, your checks are deposited into your account the same day if sent and confirmed before 4:30 p.m.

What equipment will I need?

Your computer must meet the minimum requirements to run Remote Deposit Capture:

  • 1 GB RAM
  • USB 2.0 port
  • Windows XP, Windows Vista, or Windows 7
  • Acrobat Reader 9.0 or later version
  • Java plug-in 1.4.2 or later version
  • Keyboard, mouse and 17″ monitor
How do I get started?

Contact one of our Business Bankers. After filling out a short questionnaire to determine your needs, Mountain Valley Bank will assist with setting up your Remote Deposit Scanner and software on your computer, along with train you and your staff on how to use the program.


Steamboat Springs Curve Plaza - 970-870-6550

Steamboat Springs Wildhorse - 970-870-9990

Meeker - 970-878-0103

Walden - 970-723-8221

Hayden - 970-276-9099

Greeley - 970-351-8600

Fort Collins - 970-472-7900

24hr Telebanking - 877-275-2088




Effective July 1, 2020 our Funds Availability policy will be changed to the following: We are increasing the amount we make immediately available for withdrawal by checks not subject to same day availability from $200 to $225. In addition, the amount available for withdrawal on the second business day after the day of your deposit for large deposits, will increase from $5,000 to $5,525.