Treasury Management through Internet Banking is offered to business customers to allow them additional electronic banking products for their usage.
- Multi-level Access gives access to multiple users with their own Internet Banking log in
- Each user may have different accesses, as deemed necessary by their treasury management administrator
- Multi-level access includes:
- Wire Transfers
- ACH origination
- Business Bill Pay
- Positive Pay
- Wire Transfers
- ACH, Business Bill Pay and Wire Transfers can be achieved through dual control instead of one user completing the entire process
- Wire Transfers, Positive Pay, Business Bill Pay, ACH Origination
Business Bill Pay
This can be added to your Internet Banking to allow for an easier way to stay organized.
Here are some advantages for you
- Delegate the payment tasks you want such as paying utilities and suppliers, running reports or accessing payments history
- Set permission controls so you are always in charge of who can make payments, which payments they can make, and maximum payment amount
- Set up final approvals so you can give the go-ahead before any payments are made
- Run Audit reports and customize them for the precise payment information you need
- Track your company spending and payment history in just a few clicks
- View the payment activity of authorized users and keep track of the payments they have made
- Greatly reduce your paperwork and minimize manual record keeping
- Make payments more quickly and easily and gain greater control over cash flow
- Get anytime, anywhere access online for more convenience paying your bills
- Pay multiple invoices for a single payee all at one time and account for them in a single location
- Easily set up recurring payments for monthly bills
Remote Deposit Capture
This service can integrate multiple merchant locations, and leverage different capture devices to remove paper from the banking process, raising the funds availability standard with accelerated check clearing and maximized cash flow.
How can you benefit from Remote Deposit Capture?
- Accelerated funds availability, along with the elimination of mail and courier delays. No more timely trips to the bank depository
- Reductions in preparing deposits, paper handling, and transaction costs
- Reduced risk to you. The faster an item clears an account, the less likely it is to be returned for non-sufficient funds
- Centralized processing and flexibility to potentially consolidate accounts
- Ability to research checks immediately after capturing, from the comfort of your desk
- You can view and research transactions and downloads for importing into a check book software, as well as burn discs for backup purposes
Vision Bank's Positive Pay will offer automated Fraud Detection to ensure that your company is safeguarded against unauthorized use of checks.
How does it work?
Positive Pay requires the company to send or transmit a file of issued checks to the bank each day. When those checks are presented for payment at the bank, they are electronically compared against the list of transmitted checks. When a check that is presented does not have a "match" in the file, it becomes an "exception item" to the bank. The bank will notify the company for proper assessment of the check in question.
Quickly and electronically debit customers' accounts to pay for services and direct deposit payroll using our ACH Origination option.
Easily make after hour deposits to be placed into your accounts using our Night Depository system.
Let us conveniently provide your business with the rolled coins or cash bundles you need to manage your business.
If you need your money transferred immediately, our wire services can have your funds moved the same day.
Service Fee Schedule
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