Specifications

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Use this as a handy quick-reference guide. It includes definitions for many of the terms you’ll be
using with eCourier.
Account: Account at Capitol Bank into which checks transmitted electronically will be deposited.
Account Agreement: Capitol Bank’s standard deposit agreement and disclosures governing the account.
ACH: Acronym for Automated Clearing House, is a term that is often confused with eCourier. eCourier
converts checks into an electronic image and is processed similar to a traditional paper check. An ACH
payment converts a check into an electronic debit where the money is withdrawn from the customer’s
account immediately.
Cash Management: In this manual, cash management refers to Capitol Bank’s eCorp.
Check: A draft that is payable on demand, drawn on or payable through or at an office of a United States
financial institution and payable or endorsed to customer. Types of checks include original checks, image
checks, and substitute checks.
Check 21: Legislation passed in 2003 and became effective October 28, 2004. Allows for an electronic image
to be accepted as the legal equivalent of the original paper check.
Consumer Information: Any record about an individual, whether in paper, electronic, or other form, that
is a consumer report or is derived from a consumer report. Excludes information that does not identify
individuals such as aggregate information or blind data.
Dispose: To discard or abandon consumer information, or the sale, donation, or transfer of any medium,
including computer equipment, upon which consumer information is stored.
Documentation: All manuals and instructions relating to the program or the authorized equipment.
Electronic Item: A digital image of a check, an image exchange item, or any other electronic version of a
check or other electronic item (such as items processed through the automated clearing house
[ACH] system).
Image Check: A paper reproduction of the electronic check, and is a legal proof of payment.
Definitions