What is ICL?

 

ICL stands for Image Cash Letter. It is used by large merchants and banks to avoid standard processing delays associated with driving large volumes of checks to a bank and using a teller. ICL is a process by which checks are created in electronic format, placed into an electronic folder, and processed directly into a bank account.

 

The ICL setup process takes time as it connects your Green account directly to your bank account. Depending on your bank and their level of expertise the setup can take anywhere from Two Weeks to as many as Four Months. It is a very serious project suggested for those companies that have at least 100-200 transactions per day (minimum 2000 / month) and plenty of time to make the integration a reality. The integration process is handled in-house with Green. 

 

If you have any questions or would like to enroll in ICL please contact us at [email protected].