Check Guarantee Services

ExpressCheckSM

First Hawaiian Bank has formed a strong strategic relationship with Secure Payment Services (SPS) to make this service available to you. Together we have developed a solution that will assure you that every check you take from your customer is guaranteed.

When a customer writes a check at your business, ExpressCheck will print an authorization slip for the customer to sign, authorizing you to convert the customer's paper check into an electronic check. This allows you to submit an electronic entry to the customer's bank account instead of depositing the paper check. The cashier will return the paper check to the customer, along with a signed copy of the customer's authorization slip.

Call our Business Service Sales Department in Honolulu at (808) 844-3175.  (Neighbor Island businesses may call collect.)

ExpressCheck Summary Table
BENEFITS TO MERCHANTS BENEFITS TO YOUR CUSTOMERS
* No Returned Checks

SPS guarantees (up to a pre-determined limit) all checks electronically approved and processed. You will never see a returned check again.

* No More Paper to Handle

Once the check is approved, you can simply hand it back to the consumer knowing that First Hawaiian has guaranteed the transaction. This eliminates deposit preparation.

* Improved Cash Flow

Funds from approved checks will be electronically credited to your account within two business banking days as cash.

* Return Item Fees are Eliminated

Since SPS is handling all of the returns, bank fees on returned items will be eliminated.

 * Increased Security

The electronic check is safer than a paper check. As a general rule, only the cashier will ever view the account information.

* Descriptive Bank Statements

Customer's statements will show the merchant's name, the date, and the amount of the transaction.

* This service is available only in Hawaii.