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BUSINESS BANKING  |
Cash Management: |
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| At Alliance Bank, we understand the challenges
that come with managing day-to-day cash flow needs. That’s why we offer a full array of cash
management services to help you manage your business more effectively. Merchant Capture Alliance Bank’s Merchant Capture service allows you to make deposits directly into your business account by scanning checks and transmitting images from the convenience of your office. Benefits include an extended cut off time for same day processing, and reducing or eliminating trips to the bank and associated courier fees. The service also simplifies the concentration of deposited funds. Business Internet Banking (BIB) Our online banking solution makes it easy to manage your accounts. With a touch of a button, you can view account information and initiate transactions without having to leave your desk. Online banking services include the following:
Funds are transferred as needed between your line of credit and your checking account to reduce interest expenses. Overdraft charges are also reduced through automatic funding of your checking account from your line of credit when needed. Investment Sweep After selecting a target balance for your account, excess funds are swept to a repurchase account at the end of each business day. This increases your earning potential while still allowing you access to invested funds. Zero Balance Account Alliance Bank’s automated service transfers funds to or from your master account at the end of each business day, to offset the net activity in each zero balance sub-account. Funds are utilized where they are needed most without the need to manually transfer funds between accounts. Controlled Disbursement Our Controlled Disbursement service allows you to manage your cash flow and optimize your loan and investment activities. Alliance Bank provides you with early morning notification of presentment totals so that you can fund the amount needed to maintain a daily zero balance on the account. ACH Block Regulations require businesses to return fraudulent business-to-business ACH items within 24-hours. Protect your accounts from ACH fraud with Alliance Bank ACH Block. This service prevents any unauthorized ACH transactions from posting to your account without prior approval. It also eliminates the need to check your account daily for potential ACH fraud. Lock Box Our lock box service alleviates the burden of manually processing checks. Alliance Bank collects all mail from your Post Office box, opens, endorses and posts the checks to your account on your behalf. This streamlines the process and provides faster access to your cash. Merchant Card Services Increase your revenue at your place of business or online. Alliance Bank Merchant Card Services provide Point of Sale (POS) terminals, software and 24/7 support. Funds are deposited into your account within 24-48 hours. Online reporting tools are available. Merchant Card Services are provided by unaffiliated companies. Images on CD ROM Check images are captured and stored on CD either monthly or on an annual basis. Two disks are provided for your convenience to allow for off site storage used for disaster recovery purposes. Advanced search capabilities help reduce research time and improve efficiency. Business Check Card The Alliance Bank Visa® Business Check Card may be used anywhere Visa® is accepted, or to get cash from any of over 400,000 ATMs worldwide. |
