Remote Deposit

Remote Deposit is like bringing the bank’s teller window to your business. No more driving to the bank to make deposits. Capture money orders, consumer checks, cashier’s checks and corporate checks electronically with a secure, accountable check processing system. With Remote Deposit, you can scan and image your checks, eliminating a trip to the bank. All you need to get started is a check scanner and an Internet connection.

Benefits include:

§         Receive funds faster

§         Eliminate the need to take checks to the bank

§         Enjoy later, daily deposit deadlines

§         Offers speed, savings, convenience, and security

§         Find out about returned items quicker

§         No need to purchase, install, or maintain software

§         Improves efficiency and profitability

Lockbox

Customer remittances and checks are sent to a designated Post Office Box. On a daily basis, the bank picks up the checks and deposits them to your account.

Benefits include:

§         Accelerates deposits

§         Improves funds availability

§         Provides detailed output that allows for streamlined accounts receivable posting

o      Source documents including check images, remittances, and envelopes are returned daily

o     Daily log sheet including remitter name, check amount, and number of enclosures generated and returned daily

o      Fax or e-mail delivery is available

§         Improves audit control – segregation of duties

ACH and Wire Transfers

Improve the timing of your collections through electronic transactions, namely ACH and Wire Transfers. You control the timing of these transactions while gaining operational efficiencies.

Benefits include:

§         Simplifies the timing of collection activity

§         Provides more timely transaction reporting

§         Improves cash forecasting

§         Automates a traditional manual process through Internet banking

        platform

Mobile Bank – Bringing the Bank to You

Check deposits are picked up at your location and delivered to the bank on either a predetermined schedule or on an as needed basis.

Benefits include:

§         Accelerates deposits

§         Improves funds availability

§         Offers convenience by not having to make trips to the bank to make deposits

Merchant Services

By partnering with Moneris Solutions, we can provide a single source solution for credit card acceptance for Visa, MasterCard, American Express, Diners Club, Discover, and JCB.

Products available include:

§         Internet Based Reporting

§         Secure Internet Payment Gateways

§         Point of Sale (POS) Software

§         Point of Sale (POS) Terminals

§         Payroll Processing