With e-Deposit services, you can streamline your operations and improve fund management by making deposits directly from your computer. Images of checks are scanned and sent electronically to the bank for deposit to your business account. The bank converts the check images to an electronic file, or substitute check, for fast and safe clearing at the payor’s bank.
e-Deposit Benefits to Your Business
- Extended deposit deadlines
- View reports electronically
- No need to visit the bank or use a courier
Automated Clearing House (ACH) Services
ACH processing allows you to take advantage of the speed, accuracy and efficiency of electronic collections.
Streamlines remittance processing and provides more accurate and timely collection of payments from consumer and corporate accounts.
ACH Benefits to Your Business
- Reduces the costs of processing payments made by paper checks
- Improves cash flow and forecasting by collecting payments more quickly
- Provides audit trail of payments received
Our Lockbox Service provides you with a post office box where payments sent to your business are retrieved, processed, and deposited daily. All deposits are imaged and available for viewing via the web on the same day. If preferred, information can be gathered from check and remittance coupons and formatted in a data file. You can review deposit reports, on CD, to see who and what has been paid.
Lockbox Benefits to Your Business
- Speeds the collection of your business's receivables
- Reduces the cost of in-house receivables processing, and improves your company's cash flow
- Provides same day reporting and remittance information so you can view and record payments made
- Outside audit controls
- Eliminates need to prepare deposits and take to the bank
With our Cash Vault Services, you can be confident that your deposits will be transported safely and securely. We work with your business requirements to schedule armored car deliveries and pick-ups of your cash, coin and checks.