Our Business Services Division offers the tools you need to simplify the process of cash management and take control of your business finances. Because our Treasury Management team is local, we can provide a level of advice, expertise and service that is unmatched in the markets we serve. This suite of products can be tailored to meet your needs regardless of how large or small your business. Robust Reporting options are also at the tip of your fingertips to make reconciliation and account review the easiest thing on your to-do list.
Positive Pay
Checks are not going away anytime soon. By reconciling accounts with the protection of Positive Pay, an automated check-matching technology, you can monitor checks processed for payment across all your accounts and reject unauthorized transactions to mitigate payment risk.
- Efficient and convenient access to decision check exceptions on desktop and mobile
- Notifications for Review and Pending Cut Off
- Access to check images for comparison and review suspicious items
Wire Transfers
Same-day payment is a requirement for many businesses. Through ABB Treasury Manager, you can initiate domestic wire transfers that allow you to send payments to vendors from the convenience of your business
- Ideal for businesses that make repetitive transfers
- Security safeguards protect your business's financial data
- Domestic wire transfers must be initiated by 4:30 pm EST for same-day processing
ACH
The Automated Clearing House network allows for electronic fund transfers between individuals and businesses. It's far more efficient to move funds electronically through ABB Treasury Manager than to pay for postage, risk mail theft, or experience delay in funds received.
- ACH can also be used for business-to-business payments
- Transmit payables to vendors, suppliers, utilities, and others
- Use ACH Origination to distribute your employee payroll
Remote Deposit Capture
RDC is designed for businesses that want to streamline their deposit process. Easily and securely deposit checks directly into your account without having to leave your office. A member of our Business Services team will install the scanner at your place of business and provide training to your staff.
- • Reduce employee and travel expenses for making deposits
- • Enhanced research and report capabilities
- • Increased security