| Q: Is this legal? |
| A: Absolutely! Telephone
checks ( pre-authorized paper bank drafts) are legal. The primary requirement is that the check account holder ( customer ) must give you verbal or written pre-authorization. Once you have received pre-authorization, you don't even need a signature on the paper-draft. |
| Q: What are the costs and fees involved? |
| A: TurboDraft Software is
attractively priced only at $199.95. When you order you can receive 100 blank checks sent by Priority Mail for only $10.00. |
| Q: Are you sure my bank will accept these paper bank drafts? |
| A: Bank drafts printed using
TurboDraft Software meet all Federal Reserve and ABA rules and regulations, providing you have taken the effort to ensure proper MICR Font Alignment. If you need convincing, you can test the process by printing out and depositing a check for less than $2.00. |
| Q: I've heard there are
businesses who provide this type of service, why shouldn't I just use of of these Service Bureaus? |
| A: The question is really --
why should you now? Setup fees are typically $100 to $295. Some have monthly maintenance fees and others tack on a data entry printing charge. Most require a cut in the action by charging a percentage of your sale trans- action. Why should a middle man get a cut of your efforts? |
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