ClearReturns automates the handling of any paper-based or electronic returns, adjustments or other exception item.

Whether returns are due to insufficient funds, or caused by an administrative error in the process of converting a paper check to an electronic transaction, ClearReturns can match returns to the original document automatically, saving banks time and increasing the accuracy of their returns processing.
ClearReturns also provides a sophisticated rules engine to determine the disposition of returns.

Plus, ClearReturns can process returns under Check 21.  This means you no longer have to send paper returns to your corporate customers.  They will receive electronic returns files, expediting the process. ClearReturns also feeds any bank core system for expedited posting and fee assessment. 

With ClearReturns, banks also can develop fee-based returns management products for their corporate customers, including premium return handling features like controlled return re-presentment.