One of the benefits of online check imaging is that it is faster than requesting a paper copy of a check. Online check imaging allows one to instantly view a copy of the check, while requesting a paper copy can take up to 10 business days.
An online check image is a digital copy of a processed and posted check. These check images are available for review once a check has been processed by the bank, though a delay may occur if the check is processed during a weekend. Banks provide digital images of both front and back side of the check. This allows banking customers to use online check imaging to ensure that the check was not altered when deposited, that the signature is valid, and to confirm that the check was deposited by the proper payee.
Online check images are accepted as legal proof of payment by all governmental agencies. Individuals and businesses who use checks on a regular basis can take advantage of this format to conveniently store and organize their checks digitally. This allows for easy access and retrieval in the case of situations where proof of transactions is requested, such as Internal Revenue Service audits.