Cost AnalysisCheck vs. Direct Deposit

Check

Check Stock .10

Processing .24

Distribution .01

Cash on Hand .15

Lost Time 1.25

Bank Charges .15

Direct Deposit

Prepare and Deliver Dataset .02

Bank Handling Charge .01

Transmission Charge .05

Return Item Charge .01

Lost Float .05

1.90 vs. .14

Source: Sears Technology Services, Inc.

Compiled by NACHA 1999

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