In March, 2019 Atsource Solutions Inc. will be launching the Atsource’s eChequeOut™ service available within the existing Atsource Mortgage Payout exchange and Discharge product.
This new service will greatly improve the efficiency of paying out a mortgage. Some of the benefits Legal Professionals will experience include:
1. Elimination of courier and staff costs to deliver the payout cheque to the Financial Institution.
2. Tracking systems to ensure payments are received.
3. Elimination of all internal costs to produce and reconcile a physical cheque.
4. Automatic payout confirmation report that includes the electronic receipt from the Financial Institution and Payout Statements packaged and digitally signed as one complete document for forwarding to Buyers Legal Professional.