Services
Business Account Advantages
ACH Origination/Cash Management Services Online Banking portal
-
​Easy to use templates for origination
-
Import ACH files from Accounts Receivable/Payable software
Merchant Card Services
-
Third party provider Banccard provides this service
-
Provides businesses with the capability to accept debit and credit card payments
Payroll Cards
-
Use bank provided debit cards to pay employees
-
Cards can be loaded via ACH payroll software
Remote Deposit Capture Service
-
Allows business customers the ability to deposit checks from their office
-
Eliminates trips to the bank for deposits
-
Next day availability on checks
Excess Balance Sweeps
-
Allows customers to set a high balance target in one account, and when the balance exceeds that threshold it will then sweep over into a partner account
Overdraft Protection Sweep
-
Allows customers to tie a parent account to other BOC accounts in order to provide funds in the event of an overdraft Customers can set how much they would like the transfer to cover; this can cover only overdraft items or can be set to achieve a targeted balance
Minimum Balance Sweep
-
Allows customers to set a minimum balance target on their account to a parent account that would transfer funds back to the account when the balance falls below the target
Positive Pay
-
Allows businesses to keep records of checks through the online banking system.
-
Shows the business when their checks have cleared