Account Reconciliation

This service expedites checking account reconciliation through an automated delivery system. Reconcilement information can be delivered daily, weekly, monthly, by accounting period, or on specified days. We also offer special check range subtotaling to help your company reconcile by department within a single account.

Reconciliation options include:

Full Reconciliation
An automated service that will speed your checking account reconciliation. Sovereign matches your check information provided electronically against items that have cleared your account. We provide a full reconciliation report, including checks paid, outstanding items, and exceptions. Reports are available via hard copy, and check paid information can be transmitted electronically.

Partial Reconciliation
This most basic service provides a report of items paid, which can be sorted according to your instructions. Sovereign supplies a detailed summary of account activity, and information on paid checks and stopped items. Sovereign can schedule electronic data delivery to coincide with your reconcilement period.

Deposit Reconcilitiation
Credits deposits from multiple locations into a single Sovereign bank account. Reports give detailed depository activity, enabling you to track and monitor deposits by location or account activity; and are available via hard copy and can be provided monthly, weekly, or daily.	Learn more

Real-Time Teller Positive Pay
Helps reduce check fraud by allowing you to identify discrepancies between checks presented and check-issued information you supply. You decide whether a discrepant check should be paid or returned before it clears your disbursement account.	Learn more

CD-ROM Check Imaging Service
Provides quick and convenient access to paid check information to dramatically reduce check research to just seconds. A CD-ROM stores up to 25,000 check images, provides flexible search criteria for easy retrieval of specific check information, and delivers superior digitized images of the front and back of all checks.	Learn more