Bank the way that’s most convenient for you, any time!
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- Cash Management – Cash Management is a separate online banking platform to help you manage your business accounts. It offers options for processing Automated Clearing House (ACH) transactions, such as direct deposit, accounts payable and receivable, Electronic Federal Tax Payment Systems (EFTPS), and/or payment collection for rent, dues, and more. Repetitive wire services allow you to initiate wires you send to the same customers regularly without needing to visit the Bank.
- Positive Pay – Cash Management customers can enjoy automated fraud detection with Positive Pay. This service matches the account number, check number and dollar amount of each check presented to the Bank for payment against a list of checks you previously authorized and issued by your business.
- Remote Deposit – Instead of running to the Bank to deposit checks, send them electronically! With Remote Deposit, you’ll save time, trouble and money by depositing checks from your office. It’s simple to use and The Merrimack will provide you with all the equipment, support and on‑site training you need.
- Merchant Credit Card Service – In partnership with our vendor, The Merrimack offers competitive rates for credit card processing so that businesses, from mobile contractors to large multi-location storefronts, can easily and affordably accept all major credit cards. Choose from state-of-the-art equipment options, including mobile card readers and tools compatible with the Europay, Mastercard and Visa (EMV) security chip requirement.
Coming Soon
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- Sub-Accounting – Our sub-accounting feature transforms budgeting by automating the organization of crucial expenses. Create custom sub-accounts to earmark funds for payroll, supplies, taxes, escrow, emergencies & more. Stay prepared and take control today.
- Lockbox – With lockbox services, you’ll enjoy faster cash conversion, reduced processing costs, and advanced security. Lockbox streamlines payment processing by securely directing your customer’s payments to a designated post office box. Everything is handled for you – from retrieval and processing to depositing funds into your account.
To learn more or to apply, please contact a member of the Business Team. Additional fees may apply.
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