Pay

ACH Origination

• Conduct a number of outgoing payments 24/7, electronically:
  • Make electronic payments
  • Collect electronic payments
  • Directly deposit employee payroll
  • Upload payroll file information from your payroll preparer
  • Pay state and federal taxes
• An up-to-date record of transactions is available via online banking or account statements
• Schedule one-time or recurring outgoing payments
• Efficient and accurate processing, providing more visibility to your cash position
• Improve cash flow
• Increase productivity by automating processes
• Cut down on employee resources and time
• Increase accuracy; reduces human error
• Eliminates wastes and expenses associated with paper checks

Wire Initiation

• Easy, same-day, safe movement of funds
• Initiate domestic and international wire transfers
• Initiate wire instructions from the convenience of your office
• Save time and company resources
• Schedule one-time transfers or create recurring templates for future use

Protect

Positive Pay

• Improves fraud detection
• Automatically compares checks presented for payment to those in your in your check issued file
• Sends alerts when a mismatch occurs
• You decide whether or not to approve the payment
• Timely return of money should fraud occur
• Enjoy increased peace of mind knowing your information is receiving increased security

How It Works

• Upload a data file from your accounts payable system or manually enter check information into the Business Online Banking solution.
• Buckeye State Bank will match all checks being presented for payment against your issuance information.
• If a check serial number and dollar amount match an issuance record, we will pay the check automatically.
• If there is a discrepancy between the serial number and dollar amount, we will report the check as an "exception."
• Based on your review, "exception" checks will either be honored and paid or rejected and returned.

*Fees for cash management services may apply.