About Bank Shot
A secure payment management platform for real estate, title, and insurance industries. It enables remote check capture, ACH, and wire transfers, providing automated workflows, real-time transaction tracking, and compliance audit trails.
Bank Shot is a specialized payment management platform designed for industries that handle high-liability funds, such as real estate brokerages, title companies, and insurance claim servicers. By digitizing paper-heavy processes like earnest money deposits and commission payouts, the platform replaces traditional physical check handling with a secure, web-based portal. Key capabilities include remote check capture, ACH and wire transfer support, and automated disbursement workflows that feature dual-signature logic and batch processing. The platform is built to improve transparency through real-time tracking and detailed audit trails, which are essential for compliance in the real estate and mortgage sectors. While the product is highly focused on specific high-value transaction use cases, its white-labeled interface allows businesses to maintain brand consistency. Pricing is not publicly listed, requiring a demo with the sales team, and the platform offers support via email and a dedicated knowledge base. It is a robust solution for organizations looking to reduce the costs and delays associated with manual check processing.
Pros & Cons
- Digitizes paper-based payment processes to reduce mailing fees and check loss.
- Provides robust compliance tracking and audit trails for high-liability transactions.
- Supports multiple payment methods including remote check capture, ACH, and wire transfers.
- Offers customizable workflows to handle complex dual-payee and approval requirements.
- Pricing is not published and requires contact with the sales team for a demo.
- The platform is highly specialized for specific industries, which may limit its utility for general-purpose business accounting.
Features
Key features
Allows users to scan and deposit checks digitally, eliminating the need for physical office drop-offs.
Supports batch uploads via CSV and recurring payments to streamline payouts and reduce manual processing.
Facilitates complex payment workflows required for insurance and mortgage claim servicing.
Provides detailed visibility and logging for every transaction to ensure regulatory compliance.
Offers a branded payment interface that can be embedded into company websites for a seamless client experience.
Additional features
Enables secure digital endorsement of checks via mobile devices.
Allows for the creation and sending of multiple disbursements simultaneously.
Delivers detailed insights into transaction histories and payment statuses.
Automatically routes funds into designated reserve or client accounts.
Supports configurable rules for holding, rejecting, or approving payments.
Enables electronic payment requests and transfers directly through the platform.
Implements approval workflows to meet state-specific financial requirements.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About Bank Shot
A secure payment management platform for real estate, title, and insurance industries. It enables remote check capture, ACH, and wire transfers, providing automated workflows, real-time transaction tracking, and compliance audit trails.
Bank Shot Details
Bank Shot's In-App Market Place
Does Bank Shot have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
1. Bank Shot - Payment Processing: This add-on by Adam Wolfe enables secure payment processing integrations for easy transactions within the software.
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), CAD (C$), AUD (A$), CHF (CHF), CNY (元), SEK (kr), NZD (NZ$), KRW (₩), HKD (HK$), NOK (kr), MXN (Mex$), SGD (S$), TRY (₺), INR (₹), RUB (₽), ZAR (R)
Pros & Cons
- Digitizes paper-based payment processes to reduce mailing fees and check loss.
- Provides robust compliance tracking and audit trails for high-liability transactions.
- Supports multiple payment methods including remote check capture, ACH, and wire transfers.
- Offers customizable workflows to handle complex dual-payee and approval requirements.
- Pricing is not published and requires contact with the sales team for a demo.
- The platform is highly specialized for specific industries, which may limit its utility for general-purpose business accounting.
Bank Shot's Support Options
Email Address
support@getbankshot.comContact
1-800-123-4567Documentation
https://support.bankshot.com/documentationCommunity Forums
https://community.bankshot.comBank Shot's Alternatives
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