SIC Code 7322-05 - Check Collection Service

Marketing Level - SIC 6-Digit

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SIC Code 7322-05 Description (6-Digit)

Check Collection Service is a subcategory of the Adjustment and Collection Services industry, which involves the collection of debts owed to businesses or individuals. Check Collection Service specifically focuses on the collection of unpaid checks, including both personal and business checks. This industry is responsible for ensuring that the funds owed are collected in a timely and efficient manner, while also adhering to legal and ethical guidelines.

Hierarchy Navigation for SIC 6-Digit Code 7322-05

Tools

  • Check verification software
  • Automated check processing systems
  • Electronic check recovery systems
  • Collection agency software
  • Skip tracing software
  • Payment processing software
  • Debt collection letters and templates
  • Legal and compliance software
  • Customer relationship management (CRM) software
  • Credit reporting tools

Industry Examples of Check Collection Service

  • Personal check collection
  • Business check collection
  • Check recovery services
  • Check verification services
  • Check guarantee services
  • Check cashing services
  • Check processing and clearing services
  • Electronic check conversion services
  • Check fraud prevention services
  • Check payment processing services

SIC Code 7322-05 - Check Collection Service

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