How can I speed up the deposit process while protecting my business from fraud?
Get paid faster by converting paper to electric. Moving to online receivables helps reduce float, fraud risk, and human error. Our electronic solutions help you verify transactions, our mobile and remote deposit options empower you to make deposits from your phone or office; Lockbox Services automates receivable processing for faster availability and general ledger updates, and our other receivable services help distribute and concentrate that cash more effectively.
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AUTOMATED CLEARING HOUSE (ACH)—DEBIT
Offer customers a safe and efficient electronic solution to pay your receivables.
Benefits
- Receive payments faster with reduced float time
- Collect customer payments
- Receive money transfers from your phone
- Reduce paper waste with e-Statements*
- Reduce check fraud
* Not currently available in PDF format.
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CASH CONCENTRATION SERVICE
Move funds from multiple depository locations into a single, easily monitored Demand Deposit Account.
Benefits
- Accessible from numerous locations (ideal for companies with multiple deposit locations)
- 1-day processing*
- Avoid expensive wire transfers on check deposits
- Cash control and visibility
* Payment must be made by 2:30 PM CT the business day prior.
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DIRECT DEPOSIT SERVICE
The fastest way to deposit checks.
Benefits
- Automatically deposit paychecks into employee accounts
- Withdraw deposit ACH transactions immediately
- Eliminate tedious manual processes and reconcilement
- Retain more customers with enhanced payables experience
- Automatically deposit expense checks into employee accounts
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MOBILE CHECK DEPOSIT
Make and view mobile check deposits from your smartphone.
Benefits
- Review signatures, endorsements, and MICR encoding
- Avoid bank and ATM visits
- Deposits available next business day*
* Payment must be made by 2:30 PM CT the business day prior.
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ZERO BALANCE ACCOUNTS (ZBA)/SWEEP
Automatically fund payroll and other accounts as checks are presented.
Benefits
- Acts as stand-in treasury manager
- Automate transfers to fund sub-accounts on loans
- Easily track transfers via statement account numbers
- Maintain liquidity and control cash flow
- Minimize idle funds and overdraft fees
- Reduce time balancing accounts
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MERCHANT SERVICES
Accept credit cards to increase payment options, acquire business, and retain more customers.
Benefits
- Allows clients to pay with MasterCard, VISA, American Express, and Discover
- Accept and process credit cards through online shopping cart
- Receive next-day credit directly to depository account*
* Payment must be made by 2:30 PM CT the business day prior.
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REMOTE DEPOSIT CAPTURE
Make scanning and depositing bulk checks as easy as making photocopies.
Benefits
- Scan multiple checks at once using a professional scanner
- Make unlimited deposits from your office
- Automatically create and save images for future reference
- Add custom descriptions for detailed records, reporting, and updates to receivables
- Reduce paper waste
- Save time by avoiding trips to the bank and ATM
